data: tradeXYZ, Binance, OKX and Bitget account for approximately 93% of the Micron perpetual contract market

Odaily Planet Daily reported: Possibly driven by Micron Technology's (MU) HBM capacity being fully sold out through the end of the year and its stock price breaking through a trillion-dollar market capitalization, trading activity in the stock's contract market has notably heated up. According to CoinGlass data, its total open interest across all exchanges is currently reported at $304 million, with a 24-hour increase of 52.69%.

Among the relevant trading platforms, MU contract open interest is primarily concentrated on tradeXYZ, Binance, OKX, and Bitget. The open interest on the four platforms is $168 million, $76.73 million, $25.25 million, and $15.01 million respectively, collectively accounting for approximately 93.64% of the market share, forming the core liquidity echelon in this sector.