Open Interest & Long/Short Ratio Dashboard

How to read this dashboard

Open interest is the total value of outstanding perpetual futures contracts — rising OI alongside rising price usually means new money is entering the trend, while rising OI alongside falling price can signal aggressive new shorts. The long/short account ratio compares how many accounts are net long versus net short; it counts accounts, not position size, so a handful of large accounts can move price while the ratio still looks balanced. The gauge weights each coin's long percentage by its open interest, so bigger markets like Bitcoin move it more than smaller alts. Use open interest and long/short data alongside price action, not as a standalone signal — a crowded ratio can stay crowded for a long time before it reverses.