
In a significant market development, Kaspa (KAS) futures trading has achieved a remarkable milestone as open interest reached an all-time high of $100 million. This surge in futures activity indicates growing institutional interest in the high-speed proof-of-work blockchain that implements the innovative GHOSTDAG protocol.
The record-setting open interest represents a substantial increase compared to previous trading volumes, as demonstrated by recent market metrics:
| Period | KAS Price | 24h Volume | Open Interest |
|---|---|---|---|
| Oct 2025 | $0.05282 | $6.06M | $100M |
| Sep 2025 | $0.07696 | $79.7M | $68M |
| Aug 2025 | $0.08987 | $69.6M | $54M |
This expansion in futures activity comes despite KAS experiencing a significant price correction over recent months, with the token down 33.65% over the past 30 days. Market analysts attribute this paradoxical rise in futures interest amid price decline to institutional traders positioning themselves for potential market reversals.
The increased derivatives activity also coincides with growing adoption of Kaspa's blockchain technology, which offers near-instantaneous transaction confirmation times. Trading experts on gate believe this heightened futures interest could signal a potential price stabilization for KAS in the coming weeks, particularly as the token currently trades 74.6% below its all-time high of $0.2078 recorded in July 2024.
In a significant market development, Kaspa's funding rates turned positive in October 2025, signaling a shift in trader sentiment after weeks of bearish pressure. This reversal comes at a critical time, following KAS's dramatic 30% price drop earlier in the month when it plunged from $0.07382 to a low of $0.04778 on October 17th.
The funding rate turnaround coincided with Kaspa's impressive 10% price surge on October 26th, which saw the cryptocurrency climb from $0.05303 to $0.05876. This momentum shift indicates futures market traders are increasingly taking bullish positions on KAS.
| Date | KAS Price | Price Change | Market Sentiment |
|---|---|---|---|
| Oct 17, 2025 | $0.05181 | -3.3% | Bearish |
| Oct 25, 2025 | $0.05876 | +10.8% | Bullish |
| Oct 30, 2025 | $0.05366 | -8.7% | Mixed |
The positive funding rates represent a significant change in market dynamics for Kaspa, now ranked second in bullish sentiment among the top 100 cryptocurrencies. Technical indicators support this outlook, with RSI levels not yet overheated and MACD recently turning positive despite the cryptocurrency still trading 74% below its historical high of $0.2078 reached on July 31, 2024.
Professional traders are viewing the stabilization around the $0.05 support level as a potential foundation for further recovery, particularly as the community awaits developments regarding the delayed Kasplex Layer 2 solution.
The options market for Kaspa (KAS) has witnessed significant traction in October 2025, with open interest for 2025 KAS options surging by 50% month-over-month. This substantial growth reflects heightened trading activity and increasing market sentiment toward this promising cryptocurrency. Institutional traders are increasingly utilizing KAS options as strategic instruments to manage risk exposure while positioning themselves for potential price movements.
The growth in open interest coincides with notable volatility in KAS spot prices, as demonstrated by the recent price movements:
| Time Period | Price Change | Change Amount |
|---|---|---|
| 1 Month | -33.65% | -$0.027 |
| 7 Days | -0.30% | -$0.00016 |
| 24 Hours | -3.15% | -$0.0017 |
This growing derivatives activity comes at a critical time for Kaspa's ecosystem, which has established itself as a fast, open-source Layer-1 solution implementing the innovative GHOSTDAG protocol. Market analysts attribute this surge in options activity to traders seeking to capitalize on the price volatility following the October 10th price correction, when KAS dropped dramatically from $0.073 to $0.055.
The increased options volume also signals broader institutional adoption of Kaspa within traditional finance circles, with professional traders developing more sophisticated strategies around this asset. gate traders can access these derivative products to either hedge their spot positions or express directional views through leveraged options strategies, particularly as the market navigates through the current fear sentiment (VIX: 33).
Recent Kaspa market data reveals a concerning imbalance in liquidation patterns. The October 10-11, 2025 period marked a significant event where long positions were disproportionately affected compared to short positions. According to on-chain metrics, long liquidations increased fifteenfold compared to shorts, indicating severe pressure on bullish traders.
This liquidation event coincided with a dramatic price decline, as evident in the following price movement data:
| Date | Opening Price | Closing Price | Price Change | Volume |
|---|---|---|---|---|
| Oct 9 | $0.07512 | $0.07382 | -1.73% | $145.9M |
| Oct 10 | $0.07382 | $0.05549 | -24.8% | $493.0M |
| Oct 11 | $0.05546 | $0.05708 | +2.9% | $611.8M |
The extreme spike in liquidated long positions during this period created a cascading effect, with KAS price plummeting from $0.07382 to as low as $0.00937 intraday on October 10th. This 87% flash crash triggered massive forced selling, with total daily volume exceeding $493 million—more than triple the typical daily volume.
Despite this bearish pressure, Kaspa's network fundamentals remain resilient. The dormancy rate of KAS tokens has actually increased to 75.19% as of May 2025, suggesting strong holder conviction despite market turbulence. This liquidation phase may represent a potential buying opportunity for investors who recognize the project's long-term technological advancements and growing network activity amidst temporary market weakness.
KAS coin is Kaspa, a cryptocurrency using BlockDAG architecture and GHOSTDAG protocol for near-instant transactions. It processes one block per second, maintaining proof-of-work security without typical trade-offs.
While ambitious, reaching $10 is challenging for Kaspa. It would require a massive 11,453% gain from current levels, which is unlikely in the near term.
Melania Trump's coin is called $MELANIA. It's an official meme coin associated with the former First Lady.
Yes, Kaspa coin has a promising future. Its price is projected to reach $0.04746 by November 1, 2025, showing potential for growth. Long-term forecasts remain cautiously optimistic for KAS.











