On-chain "stock trading" is intensifying, with contract open interest hitting new highs.

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According to BlockBeats, on May 29th, data from loris.tools showed that, with the epic surge in AI stocks, open interest on trade.xyz reached $2.74 billion, setting a new historical record.

As of press time, the top 5 holdings on the platform are S&P 500, XZY100, Brent crude oil, Micron, and Nvidia.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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