$SHELL | Open Interest vs. Trading Volume
Early October 28 data placed tracked perpetual open interest near $4 million, while some 24-hour aggregates showed roughly $8–9 million in perpetual volume.
Open interest tracks outstanding contracts; volume tracks trading activity. Together, they provide context on participation without predicting price direction.
#OpenInterest #Derivatives #MarketStructure
Early October 28 data placed tracked perpetual open interest near $4 million, while some 24-hour aggregates showed roughly $8–9 million in perpetual volume.
Open interest tracks outstanding contracts; volume tracks trading activity. Together, they provide context on participation without predicting price direction.
#OpenInterest #Derivatives #MarketStructure
