OP: open interest (OI)

Open interest in OP — how much money sits in open futures positions on OP 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 Optimism

Optimism is more than just a single blockchain – it's a growing network of chains called the Superchain, all built on the open-source OP Stack. While OP Mainnet was the first, many prominent chains now run on the Optimism’s OP Stack, including Base (by Coinbase), Unichain (by Uniswap), Ink (by Kraken), and World Chain (by Worldcoin). The OP Stack has become the leading framework for Ethereum Layer 2 chains, powering the majority of L2 activity today. Every OP Chain in the Superchain contributes back to the Optimism Collectiv and all chains follow a standardized revenue-sharing model: the greater of 2.5% of total chain revenue or 15% of onchain profit (defined as fees minus L1 gas costs) is paid back to the Optimism.…

Smart Contract Platform, Optimism Ecosystem, Layer 2 (L2), Paradigm Portfolio

Open interest in OP — $51.9M

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About OP open interest

What does open interest in OP show?

The total of all open futures contracts on OP. 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 OP 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 OP 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.