Funding rates on several exchanges have surged to an annualized 50% or more, indicating a steep premium in perpetual futures relative to spot prices, Velo Data data show. Positive rates indicate investor preference for long, or bullish, bets and reflect collective optimism that prices will likely increase.
Related posts
-
Robinhood to launch crypto futures in the U.S. and Europe
Robinhood is reportedly considering offering cryptocurrency futures in the U.S. and Europe, but no official launch... -
Horizon Protocol Launches Perpetual Futures, Delivering an Unparalleled Trading Experience
PRESS RELEASE. Horizon Protocol’s Futures is a decentralized perpetual... -
Solana-Based meme coin BONK surges 10%, outperforming top meme coins
Solana-based meme coin Bonk (BONK) has recently surged 10%, outperforming other popular meme coins within the...