MATIC Surges 10% as Polygon’s 2.0 Upgrade Draws Closer

Matic’s aggregated open interest, which is a metric used to assess the nominal value of open derivatives positions, has experienced an even larger uptick over the past 24-hours, rising from $109 million to $160 million, or 47%, according to Coinalyze. That big jump suggests that the rally is being backed with leverage.