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Data: Binance, Bitget, and OKX rank in the top three globally for Brent crude oil (BZ) contract open interest.

Oct 21, 12:51

On October 21, market data showed Brent crude oil (BZ) touched $111.99 during trading yesterday before pulling back, and rebounded to around $110.02 early this morning.

Supply and shipping risks in the Middle East continue to influence oil prices, with intensifying long-short dynamics in the market driving increased interest in related contracts.

According to CoinGlass data, the total open interest for BZ contracts across all platforms currently stands at $319 million. Among centralized exchanges, BZ contract open interest is concentrated on leading platforms, with Binance, Bitget, and OKX ranking in the top three. Their respective open interests are $230 million, $28.6319 million, and $23.7778 million, collectively accounting for over 88% of the market share.

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