Cardano (ADA) is experiencing a notable lack of enthusiasm in derivatives markets, with open interest persistently below $500 million. Open interest serves as a key indicator of market participation and conviction. Recently, open interest slipped to approximately $431 million. Cardano activity has quieted down in recent days. Why are speculative traders stepping away from the tables? The subdued derivatives activity comes as Cardano faces headwinds in the broader cryptocurrency market. ADA has failed t ...