đ” $ENA âs derivatives market is carrying serious weight.
CoinGeckoâs October 9 snapshot shows roughly $897M in perpetual open interest against a $2.9B token market cap.
That is around 31%.
A crowded derivatives market makes positioning worth watching alongside Ethenaâs stablecoin business.
CoinGeckoâs October 9 snapshot shows roughly $897M in perpetual open interest against a $2.9B token market cap.
That is around 31%.
A crowded derivatives market makes positioning worth watching alongside Ethenaâs stablecoin business.