Memecoins Dominate Top Derivative Instruments by Open Interest

8/1/2024 3:30:00 PM

According to @CCData_io, $DOGE, $PEPE, $WIF, and $BONK were among the top 10 derivative instruments by open interest on six major derivatives exchanges yesterday. This trend highlights the substantial growth in liquidity for memecoin pairs on centralized exchanges, driven by significant increases in trading volumes and open interest. (Source)

Pepe Bonk derivatives exchanges WIF DOGE open interest

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