Prices are surging, open interest is also rising, but the bullish and bearish sentiment hasn't fully caught up, which is the misalignment point in today's contract rankings.

$MAGMA +39.9%, open interest directly surged to 82.8%, with a trading volume of 31 million USD, not like a volume pulse, the core of the order book is new positions chasing the price.
$APR +39.1%, trading volume reached 147 million USD, funding rate is still negative, shorts are still paying to hold, this kind of structure becomes more prone to short squeeze reactions the longer it drags on.
$CLO +38.3%, open interest increased by 72.1%, trading volume of 127 million USD, the increase in price and positions is synchronized, indicating it's not just emotional buying.
In the back row are Lobster +31.7%, LIT +31.4%, GUA +25.5%, MRVL +24.9%, PORTAL +24.8%, WLD +23.7%, EPIC +22.5%, overall these are high-elasticity names with collective capital support, next focus on whether $MAGMA, $APR, and $CLO can continue to keep up with open interest in trading volume. #ContractMarket
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