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The total amount of DOGE that has not been closed across the network has risen to 16.24 billion, setting a new historical high, with a monthly increase of 48%.

2025-07-18 07:13:35

DOGE-3.61%

BlockBeats news, on July 18, according to Coinglass data, the total open interest for standard contracts and Perptual Futures worldwide has surged to a record level of 16.24 billion DOGE (approximately 4 billion USD at current prices), with a month-on-month increase of 48%, surpassing the historical peak of 14.31 billion in January this year. Coindesk analyst Omkar Godbole stated that the number of open contracts reflects the scale of active contracts at a specific time, and its simultaneous rise with prices is often seen as a confirmation signal for trends. Currently, the funding rate for DOGE Perptual Futures remains positive, indicating strong demand for leveraged go long positions—this type of demand often exacerbates price Fluctuation.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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