[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]

![PEXX_Official Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1759216307541839872.png) PEXX [@PEXX_Official](/creator/twitter/PEXX_Official) on x 4285 followers
Created: 2025-07-23 09:43:38 UTC

I think this is real alt season! 

Based on current data, the top X trading pairs by open interest are all altcoins, not $BTC or $ETH! 

X. $PENGU +18.38% | OI +35.45% @pudgypenguins 
X. $TON +2.58% | OI +18.52% @ton_blockchain 
X. $WLD +8.71% | OI +17.98% @worldcoin 
X. $ONDO +4.46% | OI +14.67% @OndoFinance 
X. $BNB +4.17% | OI +13.52% @binance 
X. $BNB +4.18% | OI +13.42% @binance 
X. $WIF +5.74% | OI +10.02% @dogwifcoin  

But why does open interest even matter? Let me tell you why 👇

![](https://pbs.twimg.com/media/GwiG9wdbwAE5n_c.png)

XXXXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1947955756717969595/c:line.svg)

**Related Topics**
[btc eth](/topic/btc-eth)
[bnb](/topic/bnb)
[wld](/topic/wld)
[pengu](/topic/pengu)
[$1007b](/topic/$1007b)
[futures](/topic/futures)
[altcoin](/topic/altcoin)
[$wif](/topic/$wif)

[Post Link](https://x.com/PEXX_Official/status/1947955756717969595)