Open interest (OI) on the TON futures market has fallen to $141 million, a nine-month low. OI reflects the total value of open futures contracts and is an important indicator of market sentiment and liquidity. A decrease in OI often indicates reduced market participation and lower volatility.

This trend is not unique to TON; it is seen across the crypto market. It appears that we are entering a period of low volatility as the year draws to a close.