Infinex ($INX) has seen a strong surge in the past 24 hours, with the price increase exceeding 17%. Market attention has clearly risen.
Based on on-chain derived data, INX’s open interest has continued to trend upward. The OI-to-market-cap ratio has already reached the 12.9%–15.2% range, which is at an elevated level. This suggests that leveraged capital is actively adding long positions; net capital inflows are evident, and this is one of the key drivers behind this round of gains.
Improvements on the spot side have also played an important role. A more convenient trading pathway reduces the participation barrier for users, making it more likely for capital to settle on-chain.
With three factors combined—leveraged sentiment leaning bullish, inflows amplified, and an upgraded spot experience—the short-term volatility of $INX has been significantly magnified. Participants must carefully manage position sizing and leverage ratios, and respond rationally to the rapid fluctuations of a high-OI market.
#Infinex #DeFi #derivatives data
Based on on-chain derived data, INX’s open interest has continued to trend upward. The OI-to-market-cap ratio has already reached the 12.9%–15.2% range, which is at an elevated level. This suggests that leveraged capital is actively adding long positions; net capital inflows are evident, and this is one of the key drivers behind this round of gains.
Improvements on the spot side have also played an important role. A more convenient trading pathway reduces the participation barrier for users, making it more likely for capital to settle on-chain.
With three factors combined—leveraged sentiment leaning bullish, inflows amplified, and an upgraded spot experience—the short-term volatility of $INX has been significantly magnified. Participants must carefully manage position sizing and leverage ratios, and respond rationally to the rapid fluctuations of a high-OI market.
#Infinex #DeFi #derivatives data