NEAR Futures Open Interest Reached a Record $1.92 Billion on Oct. 12

NEAR futures open interest reached a record $1.92 billion on Oct. 12 as money moved toward artificial intelligence-linked crypto projects, highlighting the value of outstanding contracts without showing how traders were positioned. Open interest measures the notional value of futures contracts that remain open. The figure does not reveal whether traders are betting on NEAR to rise or fall, and it does not establish how much new capital entered the market. NEAR stood out amid a rotation from large-cap tokens and liquid decentralized finance assets toward projects linked to artificial intelligence.

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