Bitcoin Open Interest Records Biggest Surge of 2026

Published by

Nidhi Kolhapur

May 8, 2026

Bitcoin open interest has posted its strongest increase of 2026, surpassing levels seen during Bitcoin’s previous all-time high formation. The surge signals renewed trader activity in futures markets, despite funding rates remaining broadly negative in recent weeks. Binance continues to dominate derivatives trading with roughly 34% market share and $2.5 billion in average monthly open interest, followed by Gate.io and Bybit. Analysts say the trend reflects returning market optimism, though rising leverage also increases liquidation risks and potential volatility.

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