How do I use the Open interest indicator in Okx?

The Open Interest (OI) indicator provides a visual representation of the total value of open long and short positions for a specific futures trading pair, enabling traders to analyze market activity and sentiment.

Open interest indicator serves as a gauge of market activity. When open interest is minimal or absent, it indicates either the absence of initial positions or the closure of most positions. Conversely, elevated open interest suggests numerous outstanding contracts, prompting close observation from market participants.

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How do I turn on the OI indicators for trading?

When trading futures, head over to the Indicators option on the top menu above the chart and select it

Indicator settings pop-up page will appear, select sub-chart indicators option on the top menu

Check the box of the trading data indicators for the OI