XRP Futures Fall to $897M as Binance Leads Other Exchanges
Share:
XRP futures open interest fell from about $1.14B in May to $897M as of August 4, with seven-day average futures volume at its lowest level and Binance responsible for 55.3% of the decline while Coinbase accounted for about 15%; Binance recorded roughly $437M in XRP futures volume on August 3. The contraction in crypto derivatives and cooling CEX trading suggests reduced leverage, lower capital rotation, and downside pressure on XRP adoption and market momentum.
Predictions Markets
See what traders are focused on
- XRP futures open interest has dropped from roughly $1.14B in May to $897M.
- Binance dominates XRP outflows at 55.3%, with transfers dropping significantly to 15% on Coinbase.
- Lower activity may leave derivatives with reduced leverage capital return, signaling a major shift.
XRP futures open interest (OI) has contracted to $897 million as of August 4 from roughly $1.14 billion in May 2026. Binance exchange accounts for 55.3% of the cryptocurrency’s OI decline, compared with 15% on Coinbase, as trading activity cools across major exchanges.
XRP Futures Market Falls From $1.14B to $897M Since May
XRP derivatives activity has contracted sharply, with the seven-day average futures volume returning to its lowest level of $897M from about $1.14B since May. Binance alone saw roughly $437M in XRP futures volume on August 3.
All other centralized exchanges combined ac…
Read The Full Article XRP Futures Fall to $897M as Binance Leads Other Exchanges On Coin Edition.
Predictions Markets
See what traders are focused on
Share:
Predictions Markets
See what traders are focused on
Share:
Read More
Why XRP’s $4.3B RWA Market Is Only the Beginning
