Solana (SOL) Open Interest Leads Five Major Markets With 3.64% Gain

Solana (SOL) open interest rose 3.64% over 24 hours, the largest gain among five major crypto perpetual-futures markets in a snapshot taken at 7:04 a.m. ET (11:04 UTC) Monday. Ether (ETH) had the highest share of long accounts. Open interest measures the value of outstanding derivatives contracts. It increased for all five assets in the snapshot, with Bitcoin (BTC) recording the smallest gain at 0.52%. Bitcoin’s mark price was $80,322, and its open interest reached $7.52 billion. Long accounts made up 69.0% of the total and short accounts 31.1%; its funding rate was 0.0080% every eight hours.