BSCN(@BSCNews):Chainlink Derivatives Are Heating Up Again Chainlink’s derivatives market is rebuilding leverage even though LINK remains far below its pre-crash level, Santiment reported on Aug. 17. Coin-denominated open interest (OI) has climbed to nearly 29 million ethereum:0x514910771af9ca656af840dff83e8264ecf986ca. That puts open interest above its October 9 level for the first time since the liquidation cascade. Dollar-denominated OI remains around $279 million, roughly half its pre-crash level. Funding has stayed positive throughout the buildup, suggesting long positions dominate the rebound.

2026.08.18 09:35

Chainlink Derivatives Are Heating Up Again Chainlink’s derivatives market is rebuilding leverage even though LINK remains far below its pre-crash level, Santiment reported on Aug. 17. Coin-denominated open interest (OI) has climbed to nearly 29 million ethereum:0x514910771af9ca656af840dff83e8264ecf986ca. That puts open interest above its October 9 level for the first time since the liquidation cascade. Dollar-denominated OI remains around $279 million, roughly half its pre-crash level. Funding has stayed positive throughout the buildup, suggesting long positions dominate the rebound.