Solana Perps Open Interest Climbs to $429M, Up 156% in 35 Days

SOL0.73%
According to SolanaFloor, Solana perpetual futures open interest climbed to $429 million on May 15, marking a 156% increase over 35 days. The sharp rise reflects growing trader participation, with market participants increasingly positioning for larger price movements and greater conviction around SOL. Rising derivatives activity signals stronger capital inflow into the perpetual contracts market.
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