Bitcoin's Open Interest Surpasses 2025 All-Time High

Bitcoin's open interest has reached new heights, surpassing the all-time high set in 2025. This significant increase in derivatives activity indicates a growing trend of increased trader participation and leverage. The surge in open interest points to a market that is gearing up for potential volatility.

According to data from CryptoQuant, the BTC market remains heavily driven by futures, with major platforms like Binance dominating the majority of capital in the segment. Despite funding rates remaining negative, open interest has recorded its strongest increase since the beginning of 2026.