Cardano Open Interest Plummets: A Startling 79% Collapse to $334M as Exchange Power Shifts
Global Cryptocurrency Markets, May 2025: A seismic shift is occurring in the derivatives market for Cardano (ADA). Data from leading analytics platforms reveals a startling collapse in Cardano open interest, plunging approximately 79% from a peak near $1.6 billion to roughly $334 million. This dramatic decline coincides with a fundamental power shift among exchanges, as […]
