Data: Perpetual swap contract funding rate soars to over 10%
According to ChainCatcher, IntoTheBlock data shows that the funding rate of perpetual swap contracts has soared to more than 10%, and even reached 20% on mainstream exchanges.
Such high costs indicate that traders are increasingly bullish. Although still lower than the peak in the first quarter, continued demand may suggest overheated speculation.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Cryptocurrency outperforms Nasdaq, BTC becomes "safe haven asset" in the US market
GameStop's Bitcoin investment plan is called "Project Rocket"
The impact of tariffs on the US technology industry is particularly severe
Trending news
MoreCrypto prices
More








