$97,464.00
3.83%$3,418.19
5.64%$2.26
4.87%$670.46
3.92%$188.26
2.50%$0.325848
12.80%$1.001
0.04%$3,412.49
6.03%$0.927041
11.82%$0.247188
4.46%$39.34
10.00%$23.15
9.48%$4,067.70
6.23%$5.38
6.68%$4.68
24.85%$0.00002245
13.05%$97,349.00
3.95%$0.366354
7.51%$7.25
12.39%$32.93
25.78%$0.260339
2.39%$3,421.36
5.93%$458.69
11.95%$9.30
1.71%$13.53
14.46%$101.55
9.50%$0.00001812
18.09%$3,610.28
5.99%$5.22
8.29%$4.25
3.93%$1.00
0.22%$10.29
-2.63%$0.999801
-0.05%$10.55
10.86%$313.45
9.23%$0.163248
7.43%$0.488183
10.64%$1.20
10.07%$26.73
6.53%$7.43
13.69%$0.04700566
12.43%$3.91
8.92%$193.07
9.43%$24.46
0.08%$478.10
12.58%$1.32
9.65%$1.13
22.17%$0.782017
9.54%$5.10
9.81%$0.123329
6.43%$1.043
15.06%$0.342188
10.54%$45.16
4.03%$2.69
21.37%$6.81
9.51%$1.73
5.81%$1.77
10.01%$1.85
8.08%$0.00003219
21.39%$1.42
7.83%$5.21
11.71%$1.004
28.77%$2.21
19.36%$21.68
10.04%$0.215961
10.59%$3,420.36
6.18%$2.06
13.81%$97,408.00
3.81%$0.03047963
22.94%$0.44107
11.39%$2.29
11.14%$5.22
7.99%$3,505.25
5.92%$0.996711
-0.17%$3,818.07
5.62%$0.00017405
12.21%$0.03455075
11.76%$114.54
12.38%$13.15
8.24%$3,603.22
6.09%$1.75
14.72%$0.03689814
15.89%$0.02766086
6.90%$18.96
11.39%$1,673.82
5.08%$97,565.00
3.92%$0.02799037
19.01%$3.32
-0.23%$0.580381
15.18%$1.00
0.21%$0.37848
10.19%$1.36
6.12%$11.22
7.35%$1.32
14.96%$0.228645
8.26%$0.133252
13.47%$4.49
10.26%$97,250.00
4.31%$3,510.03
5.39%$0.829433
10.74%$6.94
9.42%$192.32
2.62%$36.01
7.27%$1.63
15.60%$0.859636
8.92%$0.077019
15.71%$0.726614
10.01%$0.495909
7.53%$16.75
7.29%$54.77
8.83%$0.303255
10.17%$1.51
9.78%$0.94719
12.70%$0.00000109
7.37%$0.834497
13.46%$1.12
9.57%$233.62
2.65%$14.42
7.49%$6.42
15.40%$35.54
12.61%$0.489048
10.53%$0.489939
10.46%$96,585.00
2.94%$97,079.00
3.90%$5.28
17.93%$1.19
11.00%$54.06
22.65%$3,396.20
5.39%$3.92
4.21%$0.00000211
-0.40%$3.02
9.19%$0.82365
-25.19%$0.087574
10.90%$3.26
10.65%$0.164581
9.48%$3,419.66
5.97%$0.278183
9.74%$0.706301
13.59%$0.776103
12.38%$0.998874
0.21%$0.627317
10.27%$83.10
12.30%$200.89
2.88%$0.785952
36.88%$3,420.87
5.78%$1.94
8.74%$1.59
18.65%$2.40
6.32%$2.09
5.00%$0.0000355
8.43%$266.34
10.58%$21.55
10.59%$0.00681376
15.50%$1.51
9.96%$0.325468
12.83%$0.183073
10.44%$0.763251
12.29%$0.00793438
7.32%$0.00651135
9.31%$96,663.00
3.20%$0.660685
14.57%$0.658891
9.88%$2,630.11
0.95%$0.995974
0.24%$5.78
11.75%$3,605.42
5.76%$0.00011368
15.94%$0.00
24.73%$0.01145258
15.60%$3,687.39
5.32%$2.47
15.35%$0.00859379
16.32%$1.26
-7.16%$18.90
14.84%$1.11
16.35%$27.08
10.58%$0.08442
9.03%$3,408.18
5.30%$0.00637102
14.05%$0.269857
9.01%$10.99
10.62%$0.397574
10.74%$1.32
20.59%$0.077504
1.92%$1.022
0.13%$1.001
0.22%$1.28
15.02%$97,160.00
3.53%$2,629.65
1.05%$0.00000052
4.07%$9.14
-7.15%$14.11
20.47%$0.517968
25.59%$96,630.00
4.44%$0.0532
26.99%$0.01114183
14.21%$1.52
6.83%$31.81
16.79%$1.002
0.25%$3,331.11
1.08%$3,414.80
5.54%$4.84
7.49%$0.445148
12.90%$0.00626894
19.98%$0.061574
9.90%$0.297384
59.64%$37.74
10.50%$97,137.00
3.40%$3,674.35
5.61%$0.0057178
17.67%$0.065732
9.34%$3,545.78
4.94%$0.00639857
11.09%$1.053
-2.82%$2.09
10.83%$0.00246609
11.09%$0.00100916
13.37%$0.02172607
12.56%$26.46
47.77%$3.20
9.67%$0.07247
4.85%$5.23
5.19%$0.228067
13.30%$0.00000326
9.78%$0.997787
0.84%$1.071
-0.62%$0.469993
8.97%$88.53
3.30%$0.211547
8.47%$1.00
0.25%$2.51
9.57%$3,767.41
5.50%$0.00000018
8.83%$0.678397
11.86%$0.03809579
6.73%$3.45
12.50%$0.896709
7.16%$1.003
0.57%$0.367378
59.17%$0.140828
5.69%$2.93
2.13%$0.03629824
11.28%$46.27
10.23%$0.0108029
12.50%$0.743646
18.53%$0.36086
8.35%$3,414.06
5.53%$3,608.67
5.80%
The total open interest on Ethereum (ETH) futures markets has reached a new all-time high of over $4.5 billion, according to data from crypto analytics platform Glassnode.
$ETH open interest at an ATH.
Chart 👉 https://t.co/Gdq1xWC22U pic.twitter.com/j53Fp8GJKW
— glassnode (@glassnode) January 19, 2021
Open interest reflects the total value of derivatives contracts—such as futures—that have not been settled yet. Futures are a form of financial derivatives where parties agree to sell/buy an asset at a specific price on a set date. Unlike options contracts, where buyers might choose to not purchase the asset, futures are contractually binding and must be settled on the expiration date.
According to Glassnode’s charts, Ethereum futures’ open interest has been growing steadily since the beginning of 2021, excluding a noticeable dip around January 10–11 that encompassed all crypto markets. The increase in open interest can partly be explained by the growth of ETH’s price itself.
Today, the price of Ethereum increased by 14% in the last 24 hours and exceeded $1,400 today, marking a new all-time high.
Simultaneously, Ethereum’s decentralized finance (DeFi) has been booming since last summer, giving the ecosystem a huge boost and attracting more investors.
This has helped boost the usage of the Ethereum network. As Glassnode’s data shows, the total number of Ethereum addresses that hold 0.01 ETH or more has already exceeded 10 million—and keeps growing.
$ETH addresses keep growing and growing–and notice how DeFi summer was an inflection point!
Everybody wants a piece of the action. pic.twitter.com/ufPqnvB2su
— Elias Simos (@eliasimos) January 19, 2021
The price rally has also pushed Ethereum’s market capitalization—the combined current price of all ETH tokens—to roughly $160 billion, according to CoinGecko. This made Ethereum the 60th largest asset in the world (excluding precious metals) by its market cap.
