Quick Take The second most amount of Bitcoin withdrawn from exchanges this year at roughly 15,000 BTC. The perpetual funding rate is extremely negative, indicating Bitcoin is being shorted aggressivel...
Tag: perps
Synthetix Perps v2 reaches a new milestone, but here’s the caveat
The P/S ratio went up while the total value locked on SNX declined. Supply outside of exchanges increased but the key metrics looked bearish. Synthetix [SNX] witnessed a major surge in its Perps V2 e...
Ultimate Bet, USDT perps, Tron bets, and the $1 peg
Throughout history, many online gambling and poker sites have been subject to fraud. Owners would cheat, overstate the odds of winning, operate like a Ponzi scheme, refuse to process withdrawals, or s...
BitMEX Seeks to Connect Forex Market and Crypto Innovation Through FX Perps
Crypto exchange BitMEX has launched the first-ever FX perpetual swap contracts (FX perps) that will enable users to trade the most sought-after foreign currency pairs 24/7, irrespective of whether the...
Capital Efficiency and Passive Liquidity for On-Chain Perps
August 1, 2022, 11:29AM EDT • 6 min read Quick take Liquidity for purely on-chain perpetual futures remains generally low. Composability of fully on-chain protocols offers competitive advantages, bu...
Binance Cuts Bitcoin-LUNA Perps as CZ Warns Against Algorithmic Stablecoins
Key Takeaways Binance has delisted Bitcoin-margined LUNA perpetuals in response to Terra’s death spiral. It’s also reduced the maximum leverage to 8x on USDT-margined LUNA perpetuals to 8x...