Open interest in MAGMA — how much money sits in open futures positions on MAGMA and how it flows between exchanges. OI rising together with price means inflow; rising against price is a risk of reversal. The data ticks in real time across every exchange.

About Magma Finance

Decentralized Finance (DeFi), Automated Market Maker (AMM), Sui Ecosystem, Binance Alpha Spotlight

Open interest in MAGMA — $5.1M

Binance — $2.7M (53%)
Bitget — $1.4M (27%)
Bybit — $811.3K (16%)
KuCoin — $220.1K (4%)

MAGMA arbitrage right now

Bitget ↔ Gate — 1.53%
Bybit ↔ Gate — 1.49%
Astar DEX ↔ Gate — 1.49%
Binance ↔ Gate — 1.39%

About MAGMA open interest

What does open interest in MAGMA show?

The total of all open futures contracts on MAGMA. 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 MAGMA OI?

OI diverging from price signals a possible reversal; overheating (too much leverage) raises the risk of cascading liquidations. OI migrating between exchanges shows where the interest is concentrating.

How do I get MAGMA OI alerts?

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