[Block Rhythm] On June 21, according to data from the data platform, the current funding rates of mainstream CEX and DEX show that the market is still in a bearish trend. The specific funding rates of mainstream tokens are shown in the attached image.
Funding rates are the rates set by cryptocurrency trading platforms to maintain the balance between the contract price and the underlying asset price, typically applicable to perpetual contracts. It is a mechanism for the exchange of funds between long and short traders; the trading platform does not charge this fee, which is used to adjust the costs or returns of traders holding contracts, so as to keep the contract price close to the underlying asset price.
When the funding rate is 0.01%, it represents the benchmark rate. When the funding rate is greater than 0.01%, it indicates a generally bullish market. When the funding rate is less than 0.005%, it indicates a generally bearish market.
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BearMarketMonk
· 18h ago
Wait for the market to fall to bring new life, only then can the suckers return to tranquility.
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AirdropSweaterFan
· 06-21 15:09
fall fall fall I'm speechless
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GasFeeBeggar
· 06-21 15:07
Bear Market, come quickly! There are too many unrealized losses.
Mainstream exchange funding rate data shows that the market maintains a bearish trend.
[Block Rhythm] On June 21, according to data from the data platform, the current funding rates of mainstream CEX and DEX show that the market is still in a bearish trend. The specific funding rates of mainstream tokens are shown in the attached image.
Funding rates are the rates set by cryptocurrency trading platforms to maintain the balance between the contract price and the underlying asset price, typically applicable to perpetual contracts. It is a mechanism for the exchange of funds between long and short traders; the trading platform does not charge this fee, which is used to adjust the costs or returns of traders holding contracts, so as to keep the contract price close to the underlying asset price.
When the funding rate is 0.01%, it represents the benchmark rate. When the funding rate is greater than 0.01%, it indicates a generally bullish market. When the funding rate is less than 0.005%, it indicates a generally bearish market.