Trading volume of options tied to BlackRock's Bitcoin ETF (IBIT) has soared, with a total of 7,714,246 IBIT options contracts in active or non-position squaring as of Tuesday, CoinDesk reported. According to optioncharts.io data, IBIT option contracts rank ninth in terms of non-position squaring contracts among U.S. listed stocks, ETFs, and index-linked options; for stock options alone, IBIT options rank second in terms of non-position squaring contracts. According to reports, IBIT options have ...
The data shows that since the beginning of October, the amount of XRP futures unpositioned squaring contracts has dropped from 1.70 billion XRP to 700 million XRP, a decrease of 59%; at the same time, the funding rate has also dropped from about 0.01% to 0.001%. According to blockchain data analytics platform Glassnode, this phenomenon signals a structural stagnation in the market's speculative appetite for XRP.
On November 13th, CryptoQuant analyst Darkfost said that the deleveraging process of the market is still continuing, excess risk is constantly being removed, and the use of leverage is gradually cooling down. The volume of unpositioned squaring contracts has decreased by 21% in the past three months (90-day change), and the leveraged position is declining significantly. During the adjustment period of September 2024 and April 2025, the decline of about -24% and -29% of the leveraged position was...
GlassNode tweeted that after the deleveraging wave in October, the volume of bitcoin futures (unpositioned squaring contracts) continued to be low, with few signs of new speculative position accumulation. The active level of the derivatives market fell sharply, reflecting the general background of low market sentiment.
According to the chart published by glassnode, the amount of bitcoin unpositioned squaring contracts has dropped by about 30%, and a large amount of excess leveraged funds have been removed from the market. At present, the funding rate is close to neutral level, and the risk of the market encountering a new round of liquidation has been greatly reduced.
Following the market crash on October 11, the amount of unpositioned squaring contracts on the perpetual contract DEX plunged from $26 billion to less than $14 billion, the lowest level in months.
Hyperliquid officially announced that the amount of open contracts on its platform exceeded $14.70 billion, setting a record high.
According to official data, Hyperliquid's unpositioned squaring contract volume hit a record high of more than $6.70 billion.
On May 11, Hyperliquid said on the social platform that the platform's unpositioned squaring contract volume exceeded 5.60 billion US dollars, a record high.
According to official data, Hyperliquid's unpositioned squaring contract volume hit a record high, exceeding $4.90 billion.