Open Interest Falls Across Five Assets as XRP Funding Leads at 10.9%

Open interest fell across five crypto assets over 24 hours in a Sunday snapshot, while XRP recorded the highest perpetual-futures funding rate. Solana had the largest open-interest decline, at 3.62%, as long accounts outnumbered short accounts for every asset tracked. XRP’s funding rate was 0.0100% every eight hours, equivalent to 10.9% annualized. Its mark price was $1.29, and open interest totaled $389.1 million, down 3.26% over 24 hours. Long accounts made up 74.0% of the total, compared with 26.0% short. An Oct.