DOGE Futures Open Interest Hits $1.21B, Speculative Positions Near October 2025 Levels

Despite a 70% annual price drop to $0.07, DOGE futures open interest surged to $1.21B. Long dominance on major exchanges raises liquidation risks if downside pressure persists.

Woofun AI data shows that Dogecoin's price has declined to approximately $0.07, marking a nearly 70% decrease over the past year.

Concurrently, open interest in DOGE futures has climbed to roughly $1.21 billion, with speculative token volumes approaching levels recorded in October 2025.

On platforms such as Binance and OKX, long positions significantly outnumber short positions. A continued price decline could trigger forced closures of these leveraged longs, potentially generating additional selling pressure.