Open Interest: What Does a Few Million Dollars Tell Us?
Third-party derivatives trackers reported SHELL open interest in a broad range of approximately $2.9–4.8 million during the reviewed period.
Open interest represents outstanding derivatives contracts. It is not the same as spot market capitalization or trading volume.
The figures also vary by provider and timestamp, so they should be treated as approximate rather than a single definitive market-wide measurement.
#OpenInterest #CryptoMetrics #SHELL
Third-party derivatives trackers reported SHELL open interest in a broad range of approximately $2.9–4.8 million during the reviewed period.
Open interest represents outstanding derivatives contracts. It is not the same as spot market capitalization or trading volume.
The figures also vary by provider and timestamp, so they should be treated as approximate rather than a single definitive market-wide measurement.
#OpenInterest #CryptoMetrics #SHELL