XRP Derivatives on Binance See Major Reset as Leverage and Open Interest Sink

XRP-Derivatives-on-Binance-See-Major-Reset-as-Leverage-and-Open-Interest-Sink

XRP derivatives on Binance continue to cool, with both leverage and open interest moving lower.

Binance’s Estimated Leverage Ratio for XRP has fallen from around 0.59 in mid-July 2025 to 0.13, pointing to a major unwind in leveraged positions. 
Meanwhile, Binance open interest in XRP has dropped to nearly $375 million, well below the highs recorded in previous months.

Together, these moves suggest a broader reset in Binance’s XRP derivatives market. 
With leverage lower and positioning lighter, the market appears less crowded and less exposed to liquidation-driven swings.

The main takeaway is that speculative pressure has eased significantly. Binance’s XRP derivatives market now looks much less overheated, potentially creating a cleaner setup for its next major move.