On-chain "Stock Trading" Frenzy Intensifies, trade.xyz Contract Position Hits All-Time High

BlockBeats News, May 29th, according to loris.tools data, with the epic surge of AI-related stocks, the futures open interest on the stock and commodities platform trade.xyz has reached $2.74 billion, hitting a historical record.

At the time of writing, the top 5 contracts by open interest on the platform are S&P 500, XZY100, Brent Crude Oil, Micron, and NVIDIA.