Cardano Open interest (ADA)
Aggregate data on futures positions from exchanges. Current OI: $430.8M, change over 24 hours: +2.33%
Compare open interest with other coins
Distribution by exchanges
| Exchange | OI ($) | OI (ADA) | Share | 24 hours |
|---|---|---|---|---|
| $83.2M | 346,331,344.7 ADA | 19.3% | -7.30% | |
| $59.0M | 245,467,145.68 ADA | 13.7% | -7.23% | |
| $44.9M | 186,665,700 ADA | 10.4% | +16.39% | |
| $36.5M | 152,063,598.51 ADA | 8.5% | -0.66% | |
| $34.6M | 143,924,059.39 ADA | 8.0% | +101.12% | |
| $32.4M | 134,980,239.62 ADA | 7.5% | -1.71% | |
| $32.1M | 93,201,159.02 ADA | 7.5% | +2.39% | |
| $23.1M | 96,132,194.93 ADA | 5.4% | +12.18% | |
| $20.9M | 87,220,022 ADA | 4.9% | -8.84% | |
| $20.5M | 85,272,840 ADA | 4.8% | -5.80% | |
| $12.1M | 50,295,368 ADA | 2.8% | -5.50% | |
| $11.4M | 47,498,250 ADA | 2.6% | -8.65% | |
| $7.1M | 29,624,522.03 ADA | 1.7% | +6.33% | |
| $4.4M | 18,192,790 ADA | 1.0% | -12.49% | |
| $2.8M | 11,695,162 ADA | 0.7% | +6.61% | |
| $1.8M | 8,989,731.42 ADA | 0.4% | +9.95% | |
| $1.1M | 4,619,598 ADA | 0.3% | -9.40% | |
| $752,596 | 3,133,468 ADA | 0.2% | -12.56% | |
| $611,392 | 2,541,676 ADA | 0.1% | +6.57% | |
| $407,906 | 1,695,370 ADA | 0.1% | -2.94% | |
| $325,597 | 1,353,382 ADA | 0.1% | -4.56% | |
| $286,145 | 1,145,040 ADA | 0.1% | -3.30% | |
| $235,601 | 979,146.39 ADA | 0.1% | -12.35% | |
| $69,623 | 289,612 ADA | 0.0% | -5.83% | |
| $29,702 | 123,529 ADA | 0.0% | +12.19% | |
| $3,736 | 15,733.21 ADA | 0.0% | -12.42% |
Schedule OI: ADA/USDT
Open interest Cardano - data analysis
Total open interest by Cardano (ADA) — $430.8M, or in real terms. Over 24 hours, the change was +2.33%. Share in the global crypto derivatives market — 0.4%.
Futures positions are distributed across exchanges. The greatest concentration is (of the total volume). When one exchange holds too large a share OI, cascading liquidations on it are capable of moving the entire market ADA.
What does this indicator show? Open interest is the total value of outstanding futures contracts, including perpetual swaps and quarterly futures. Each position is simultaneously long and short. An increase signals an influx of new capital, while a decrease signals the closing of positions.
How to read data? Growth OI + price growth is a healthy bullish trend, money is going into long positions. OI + price drop ADA - aggressive build-up of shorts. Sharp decline OI — cascading liquidations or mass stop-loss closures. Three different scenarios and three different trading decisions.
For a complete analysis, use together with financing rate And liquidation mapAn extremely high price with overheated funding is a classic harbinger of a sharp price reversal.
OI + price: 4 scenarios
The price is rising + OI is growing
Bullish trend. New buyers open long positions, pouring in cash. The move is confirmed by capital—it's safe to enter a long position.
The price is falling + OI is growing
Bearish trend. Aggressive short position buildup. High probability of continued decline. ADA.
The price is rising + OI falls
Short squeeze. Growth is due to the closing of unprofitable short positions, not new purchases. A correction may occur after the squeeze—be careful with long positions.
The price is falling + OI falls
Long squeeze. The decline is caused by long positions being closed at a loss. Sellers are not opening short positions, which could indicate a bottom. ADA.