TechFlow news, March 1: Over the past 24 hours, open interest and trading volume for Bitcoin and Ethereum futures contracts saw a slight decline. The listing of PORTAL triggered a surge in contract open interest, increasing by 83,691.99% within 24 hours.
For BTC contracts: Total open interest was $26.12 billion (-3.12%), 24-hour trading volume was $117.26 billion (-37.72%), 24-hour liquidation volume was $56.96 million long and $38.90 million short, long/short ratio was 50.36%/49.63%, and funding rate was 0.556%.
For ETH contracts: Total open interest was $11.41 billion (-2.11%), 24-hour trading volume was $50.07 billion (-28.66%), 24-hour liquidation volume was $33.75 million long and $15.55 million short, long/short ratio was 49.97%/50.03%, and funding rate was 0.0491%.
The top three tokens with the highest growth in open interest were: PORTAL: $7.39 million (+83,691.99%), TURBO: $5.83 million (+414.84%), PEOPLE: $80.61 million (+114.21%).
