SOFR futures open interest hit a record 15.8 million contracts as traders price in rising odds of a Fed rate hike, rattling crypto and

SOFR futures open interest hit a record 15.8 million contracts as traders price in rising odds of a Fed rate hike, rattling crypto and

Polymarket prices a 53% chance of a September Fed rate hike while SOFR futures sit near 32%, creating a potential arbitrage gap traders are