Data: The funding rate for perpetual swap contracts has surged above 10%
ChainCatcher message, IntoTheBlock data shows that the funding rate for perpetual swap contracts has soared to over 10%, with some major exchanges even reaching 20%.
Such high costs indicate that traders' bullish sentiment is on the rise, and although it is still below the peak in the first quarter, sustained demand may suggest overheating speculation.
Risk warning Risk warning
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