Crypto
XRP Derivatives See Leverage Decline on Binance
Open interest in XRP derivatives on Binance dropped 15.3% from a six-month high, reaching approximately $485 million as of October 1, 2026.
October 1, 2026, 01:02 PM·Crypto Briefing

Open interest in XRP derivatives on Binance dropped 15.3% from a six-month high, reaching approximately $485 million as of October 1, 2026.

Hyperliquid has become the third-largest crypto exchange by open interest, with the metric surpassing $11 billion.

Bitcoin experienced its largest liquidation event of the current cycle, with Binance's open interest briefly dipping below its 180-day moving average.
