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Crypto

SanDisk Stock Futures Reach Record $1.73 Billion Open Interest

Guavy AI Editorial Team
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The cryptocurrency market has seen a significant development in stock perpetual futures trading, with SanDisk (SNDK) surpassing $1.7 billion in open interest. This is the largest among equity-linked perpetual futures traded in the crypto market.

According to Wu Blockchain's report on August 16, SanDisk's open interest stood at $1.73 billion, exceeding that of major memory and storage-related names, including Micron (MU).

The notable activity is also attributed to traditional financial firms providing liquidity for SanDisk spot and derivatives products in the crypto market.

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