> For the complete documentation index, see [llms.txt](https://docs.copin.io/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.copin.io/features/open-interest.md).

# Open Interest

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[**Open interest**](https://app.copin.io/top-openings) is an indicator of the total number of outstanding derivative contracts, such as futures or options, that have not been settled.
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<figure><img src="/files/bMV3aygwfXzGM2qyQ6Ma" alt=""><figcaption><p><a href="https://app.copin.io/top-openings">https://app.copin.io/top-openings</a></p></figcaption></figure>

The Open Interest offers a visual and analytical representation of market positions across a range of assets, providing insights through a **real-time bubble chart**:

* The size of each bubble corresponds to the **volume** of open interest.
* Bubbles are color-coded, with **green representing long positions** and **red indicating short positions**.
* Users can customize the display to feature from **Top 100 up to Top 500 traders**, based on criteria such as **Profit and Loss (PnL), recent activity (Latest), or Trade Volume**.

This intuitive visualization aids users in assessing market sentiment, discerning trends, and comprehending the distribution of bullish versus bearish positions among [top traders](https://app.copin.io/leaderboard). Such insights are crucial in enhancing the decision-making process, enabling users to develop more informed and strategic trading approaches.

<figure><img src="/files/ukTgGSN7utfMYqb3HflY" alt=""><figcaption><p><a href="https://app.copin.io/top-openings">https://app.copin.io/top-openings</a></p></figcaption></figure>

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You can zoom in, zoom out, and click on the bubble to see position details.
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