- Protection Fund
  1,000 BTC Protection Fund to safeguard your assets
- Career
  Join WEEX and build the future
- WXT Zone
  Exclusive fee rates and airdrops
- Announcement Center
  Get the latest updates from WEEX
- Elite Trader
  Share strategies and earn rewards
- Crypto Wiki
  Master trading with easy-to-follow guides
- Affiliate
  Unlock exclusive perks and high commissions
- Crypto News
  Keep up with the latest crypto trends
- Official Verification
  Verify the channels you use
- VIP Perks
  Become a WEEX VIP today
- Events Calendar
  Explore WEEX events around the world
Buy Crypto
- Quick Buy
  Buy with bank card, Apple Pay, Google Pay, PIX, or SEPA
- P2P Trading
  Buy crypto with 0 fees
Markets
Futures
- USDT-M Futures
  Perpetual futures settled in USDT
- Demo Trading
  USDT-M futures demo
- About Futures
  Trade with confidence
- Leaderboard
  Current & past leaderboards
Spot
Copy Trade
WE-Launch

Scan to download
More options

Total Open Interest for DOGE Across All Exchanges Reaches a New All-Time High of 16.24 Billion Coins, with a Monthly Growth Rate of 48%

By: theblockbeats.news|2025/07/18 08:11:59

BlockBeats News, July 18th, according to Coinglass data, the global open interest for standard contracts and perpetual contracts has reached a record high of 16.24 billion DOGE (equivalent to approximately $4 billion at the current price), representing a 48% monthly increase, surpassing the previous peak of 14.31 billion DOGE in January this year.

Coindesk analyst Omkar Godbole stated that the open interest reflects the scale of active contracts at a specific time, and its simultaneous rise with the price is usually considered a trend confirmation signal. Currently, the DOGE perpetual contract funding rate remains positive, indicating strong leverage long demand – this type of demand often exacerbates price volatility.

A whale address shorted ETH with a unrealized loss of over $10.7 million, deposited 3.58 million USDC as collateral 3 hours ago to push up the liquidation price

U.S. cryptocurrency stocks rose in pre-market trading, with Circle (CRCL.K) up 2%