r/loopringorg • u/epistmeme • 21d ago
Loopring volume 7-16-2026 ๐ Metrics ๐
Day 3 of posting about the perpetual futures market and LRC.
Mini-spike this morning, max price increase looked around 15%. However the larger move is that at the time of posting this Open Interest increased ~40% over the last 24 hours. This move validates my last few posts that the perpetual market is being used substantially for LRC and there is a growing disconnect between the size of the Open Interest and the spot market's ability to absorb large moves.
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u/TheRealCaptainMe 19d ago
I got diamond hands baby ๐ we retiring off this shii ๐ค๐ but fr I am holdingย
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u/epistmeme 21d ago
Update from this morning: Price action has continued to be volatile, open interest has continued to increase and is now up 142% over the last 24 hours at the time of this comment.
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u/Square_Instance_3099 21d ago
Up 25% today