XRP Futures Fall to $897M as Binance Leads Other Exchanges

- XRP futures open interest has dropped from roughly $1.14B in May to $897M.
- Binance dominates XRP outflows at 55.3%, with transfers dropping significantly to 15% on Coinbase.
- Lower activity may leave derivatives with reduced leverage capital return, signaling a major shift.
XRP futures open interest (OI) has contracted to $897 million as of August 4 from roughly $1.14 billion in May 2026. Binance exchange accounts for 55.3% of the cryptocurrency’s OI decline, compared with 15% on Coinbase, as trading activity cools across major exchanges.
XRP Futures Market Falls From $1.14B to $897M Since May
XRP derivatives activity has contracted sharply, with the seven-day average futures volume returning to its lowest level of $897M from about $1.14B since May. Binance alone saw roughly $437M in XRP futures volume on August 3.
All other centralized exchanges combined ac…
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