UMAUSDT Over the past 1 hours, Binance open interest rose 13.7%, with Binance open interest increasing 14.2%
BIBIBI
AT A GLANCE
UMAUSDT Price and open interest rose simultaneously, warranting attention to short-term volatility and leverage risk.
Article
🇨🇳 🟢 [UMAUSDT] Binance open interest +14.2%; price rose 13.7% over the past 3600 seconds; open interest: 2200000 USD; open interest-to-market capitalization ratio: 4.1%; 24-hour price change: +16.7%
🇺🇸 🟢 [UMAUSDT] Binance openinterest +14.2%, Price +13.7% in the past 3600 seconds, OI: $2.2M, OI/Marketcap ratio: 4.1%, 24H Price Change: +16.7%
💰 Market Cap
UMA MarketCap: 54.3M
Key points
01
Binance UMAUSDT open interest rose 14.2%。
02
Over the past 3600 seconds, the price rose 13.7%。
03
Open interest was 2200000 USD.
04
The open interest-to-market capitalization ratio was 4.1%.
05
24 The hourly price change was +16.7%。
06
UMA The market capitalization was 54300000 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
Open interest represents the size of contracts that have not yet been closed. Here, price and open interest rose simultaneously, indicating that both contract activity and price in the monitored data increased in the short term, but subsequent gains or declines cannot be determined based solely on these data.
Why it matters to readers
A simultaneous rise may indicate increased market participation, but may also be accompanied by leverage and price volatility risks.
Beginners should note that a price increase does not mean reduced risk; changes in derivatives data may amplify gains and losses.
Risks and unknowns
The information comes from a monitoring channel, with no independent market data or on-chain source cross-check provided.
Trading volume, funding rate, long and short liquidations, and spot data were not provided.
It cannot be confirmed whether the rise was driven by short-term leverage, nor whether the trend can continue.
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Related concepts
Open Interest
This term is not in the glossary yet. Browse related concepts in the glossary.