Forecast Trend Report by Period
Open interest in stock perpetual futures tied to SanDisk (SNDK) has surpassed $1.7 billion, the largest among equity-linked perpetual futures traded in the cryptocurrency market.
Wu Blockchain reported on Aug. 16 that open interest in SanDisk stock perpetual futures stood at $1.73 billion. That was about 1.86 times the $928 million in open interest for SpaceX (SPCX) perpetual futures and about 3.51 times the $493 million recorded for SK hynix (SKHX) perpetual futures.
SanDisk has therefore become the largest stock perpetual futures contract in the crypto market by open interest. Its trading volume also significantly exceeded that of major memory…
