XRP Futures' Open Curiosity (OI) has just lately hit a brand new file excessive with over 6,000 contracts.
Over 251,000 contracts have been traded over the previous few months, growing the anticipated quantity of over $9 billion.
The usual XRP contract measurement is 50,000 XRP, and is price $145,000 at its present value. There are additionally micro contracts in sizes of two,500, appropriate for retailers.
As Reported by U.Immediatelythe XRP deal was lastly launched in Could after Chicago-based Behemoth first leaked plans to launch the product in January.
Based on knowledge supplied by Coinglass, the general open revenue for XRP futures is at the moment 2.59 billion tokens ($7.45 billion).
Present OI Rankings
Bitget Cryptocurrency Change has emerged as an unlikely chief within the race with an OI of $1.72 billion.
Binance, the key cryptocurrency, ranks second with OI at $1.17 billion.
In the meantime, CME is in a good fourth place with $930 million.
OKX, Kucoin, MEXC and excessive lipids are additionally within the high 10.
