Oh wow, this one with $OP is a bit intense.
Binance Perpetuals just got to around 0.137, with an open around 0.123, high around 0.139, and low around 0.122. Over the last 24h it’s up about +11.6%, with trading volume of roughly 52.6 million U, nearly 760,000 transactions, and open interest of about 149 million coins ≈ 20.5 million U.
The narrative is getting stronger: on 9/23, Optimism’s official Weibo and the Seoul Economic Daily both wrote that—KB Securities × Securitize × Optimism Foundation signed an MOU to issue tokenized funds for Korean institutions on the OP Mainnet. The plan is to start with a tokenized MMF and KB Asset Management’s flagship strategy.
The market is already front-running the institutional narrative—short-term sentiment is really high. But there’s still a gap between an MOU and an actual product launch, so don’t treat the hype as already delivered. $OP