👉 Binance Tops BTC and ETH Futures Open Interest Charts

Main Takeaways

  • @Binance leads the perpetual futures market with the highest open interest in bitcoin and ether, reflecting strong trader confidence and activity in the exchange.#BTCWhaleMovement

  • During major bull runs, Binance experiences the fastest growth in open interest, highlighting its appeal for traders seeking reliable and efficient exposure to digital assets.#SpotVSFuturesStrategy

  • Binance’s robust infrastructure enables smooth risk management during volatile periods, reinforcing its reputation as a trusted platform in all market conditions.#BitcoinReserveDeadline





A recent study by CryptoQuant revealed that Binance has again topped the charts for open interest in both bitcoin and ether perpetual futures, most recently by 30% and 31%, respectively. These numbers tell a story about trader confidence, exchange activity, and platform reliability.#OneBigBeautifulBill

In this blog, we’ll break down what open interest means, why it matters, and take a closer look at the factors behind Binance’s leading position in the perpetuals market.

What is Open Interest?

Open Interest (OI) measures the total value of active perpetual futures contracts. The OI for a trading platform therefore gives a sense of how active futures traders on that exchange are. The more open positions there are, the more buyers and sellers are trading, which points to strong participation and engagement. Hence, OI effectively captures how active, liquid, and trusted a trading environment is. A higher OI reflects deeper liquidity, and generally indicates tighter spreads and faster execution. These qualities, in turn, strengthen traders’ confidence in the platform's reliability, execution speed, and robust risk management.#Write2Earn

Binance is the Top Choice During Bull Runs

During periods of high trading volume, traders naturally seek platforms that can keep pace and offer cost-effective execution. In recent crypto rallies, many of them turned to Binance.$BTC

During key breakout moments — such as BTC crossing $100K in November 2024 and May 2025, and ETH surging 73% and 44% in December 2024 and May 2025, respectively — Binance recorded some of the strongest open interest (OI) growth across the industry. 

Data source: CryptoQuant (Top, Bottom)

Bitcoin OI rose by $3.8 billion and $2.5 billion, while ETH OI increased by $3.5 billion and $2.4 billion. These gains reflect strong demand from traders seeking exposure during periods of upward momentum. For ether futures in particular, Binance saw a clear lead over other platforms. The runner-up recorded $3 billion and $2.1 billion in ETH OI growth during the same periods. This puts Binance ahead by approximately 17% in December 2024 and 14% in May 2025.

This trend suggests that traders chose Binance for access, reliability, liquidity, and execution speed – critical factors when markets move fast. Rather than relying on hype, Binance focused on delivering a stable, responsive trading environment, giving users the confidence to act decisively when opportunity knocks.

Binance Proves Its Strength in Volatile Markets

Binance isn’t just a preferred platform during rallies – it’s also where traders turn to manage risk efficiently in times of heightened market stress.

Case in Point: Rising Geopolitical Tensions in June 2025

In June 2025, amid escalating geopolitical tensions in the Middle East, market volatility surged. Traders moved quickly to adjust their exposure, and Binance recorded the largest decrease in open interest, with $2.1 billion in positions closed within a short span.

This rapid shift was only possible because Binance’s infrastructure held up under pressure. With deep liquidity, low latency, and a robust matching engine, Binance enabled traders to exit positions smoothly, without delays or excessive slippage – even during peak stress.

This kind of performance serves as a real-world stress test, reinforcing Binance’s role as a dependable, high-capacity trading platform. In managing one of the most volatile market moments of the year, Binance demonstrated that it can perform when it matters – and in doing so, earned the confidence of traders seeking reliability.

The Result: Leadership in Perpetual Futures for BTC & ETH

Whether during sharp rallies or periods of heightened volatility, we work to ensure that the Binance platform can meet expectations at every moment. Binance’s steady performance across market conditions has led to consistently strong open interest on the platform, reinforcing our position as a leader in the perpetual futures market for both BTC and ETH.

Data source: CryptoQuant 

As of mid-2025, Binance holds the largest share of open interest in bitcoin perpetual futures, with a 30% market share and approximately $9.8 billion in open contracts, according to CryptoQuant. 

Data source: CryptoQuant 

In ether perpetual futures, Binance leads with a 31% share, totaling around $5.1 billion in open interest. On June 10, ETH open interest on Binance surged to $6.9 billion following a 55% price rally – an increase of 35%.

These figures represent a real-time vote of confidence from traders. Each open position reflects a deliberate choice to trade on Binance, especially during moments when speed, stability, and liquidity matter most. By consistently delivering in both high-volume upswings and risk-off markets, Binance has established itself as the top destination for perpetual futures traders through performance and trust.

Final Thoughts

Our leadership in BTC and ETH perpetual futures open interest reflects consistent trader trust. From strong performance in bull markets to resilience during turbulent times, Binance has proven it can support traders when it matters most. This reliability gives users the confidence that our platform will perform under pressure, regardless of what external shocks shake the markets.