DEP: open interest (OI)

Open interest in DEP — how much money sits in open futures positions on DEP and how it flows between exchanges. Signals: inflow (OI grows on several exchanges at once), migration (positions move from one exchange to another) and overheating (too much leverage). The data ticks in real time across every exchange.

About DEAPCOIN

The entertaining platform “PlayMining” allows users to acquire the cryptocurrency through enjoying games and cartoons that are available for free on the platform; simultaneously, the roles and goods within will be sold as the cryptocurrency, and used for second transaction among users through Digital Art Auction, which adopts ERC721 private blockchain to manage securely users cryptocurrency. The ERC20-based token DEP will be used for transaction, within which the part of it will be return to the creators. The concept of distributing cryptocurrency to users can attract a large amount of users across the world to participate in, and thereby building the DEP ecosystem.

Entertainment, Gaming (GameFi), NFT, BNB Chain Ecosystem

DEP is not in the OI tracker right now: none of the exchanges we poll report open interest for it.

DEP spreads between exchanges

About DEP open interest

What does open interest in DEP show?

The total of all open futures contracts on DEP. Rising — new money is entering the market; falling — positions are being closed. A sharp jump often precedes a strong move or a squeeze.

Why watch DEP OI?

A sharp inflow of OI often precedes a strong move; overheating (too much leverage) raises the risk of cascading liquidations; OI migrating between exchanges shows where the interest is concentrating.

How do I get DEP OI alerts?

Add an Open Interest condition in the the builder with the mode you want (inflow / overheating / migration) and a threshold — the notification arrives as a Telegram direct message.