BNB Open Interest Jumps 35% to $1.43B as Derivatives Volume Hits $5.18B

BNB Chain's native token saw a sharp rise in derivatives positioning over the past 24 hours, with open interest climbing 35% to $1.43 billion. Over the same period, BNB derivatives volume surged 270% to $5.18 billion while DOGE and XRP open interest was largely flat. BNB also traded higher, up 7.35% to $722 and up 10% on the week at the time of writing.