Dogecoin's derivatives market has experienced a decline in open interest volume, even as the cryptocurrency's price shows signs of recovery. As of September 27, the open interest value for DOGE futures contracts fell to $3.83 billion, marking a 1.23% decrease over 24 hours. Despite this, Dogecoin's price increased by 1.49% to $0.2291. The reduction in derivatives activity has sparked concerns about potential selling pressure and the sustainability of the current price rally.