Binance reclaims futures dominance from CME as BTC open interest shifts offshore
first published 2026-08-17T04:13:39Z
Sandisk-linked SNDK stock perpetuals climbed to $1.73 billion in open interest across 32 venues, with 24-hour volume reaching $2.51 billion. The report also says SKHX and SPCX open interest rose quickly, Jane Street disclosed a 5% Sandisk stake, and crypto exchanges are increasingly offering around-the-clock derivatives tied to traditional assets.
AI Analysis
The story reports very large open interest and volume in equity-linked perpetuals, which can affect derivatives trading activity, but it does not describe a direct crypto asset catalyst or a clear directional event.
Expected Investor Sentiment: Neutral
Potential Market Impact: Significant
