Back to collectionXAI Turnover Rises as Open Interest Eases
The November 2 checkpoint shows more recorded spot turnover but lower futures notional, with no evidence of a broad expansion in staking participation.
At the November 2, 15:00 Shanghai checkpoint, XAI's last completed UTC spot day was November 1: the recorded close was $0.00706, versus $0.00709 on October 31, while turnover rose from $86,411.50 to $132,636.30. The November 2 futures sample at 06:09:59 UTC showed $1,342,324.20 of open interest, down $35,911.60 from the previous checkpoint. These are observations within the captured market coverage, not an all-venue total.
The useful distinction is between trading activity and outstanding exposure. Higher turnover alongside lower dollar-valued open interest does not establish new long demand or identify why positions changed; price valuation also affects notional exposure. Settled funding remained 0.005%. Pool staking addresses increased by one to 13,996, while Sentry key holders stayed at 10,828. Xai's documentation distinguishes staking participation from key ownership, so these counts should not be treated as active-player growth.
This retrospective checkpoint retains the archived macro observations, including the October 30 pressure reading of 64; it does not claim a fresh November 2 macro capture. A stronger participation interpretation would require sustained turnover together with broader staking or holder changes, rather than one additional address.
- Liquidity pressure indicator
- 64 score
- Sentry key holder addresses
- 10,828 addresses
- Pool staking addresses
- 13,996 addresses
- XAI spot close
- 0.00706 USD
- Recorded XAI spot volume
- 132,636.3 USD
- Recorded XAI open interest
- 1,342,324.2 USD
- Recorded XAI funding rate
- 0.005 percent