Ethena Sees $1B Inflows as Crypto Rally Brings Back Double-Digit Yields
The protocol’s rejuvenation is driven by elevated perpetual funding rates, with more catalysts ahead for growth.
Funding rate
Near Record High Funding Rate Suggests Bitcoin Pullback Not Over
Though modestly higher today, bitcoin remains lower by about 8% from its record high hit two weeks ago.
Falling Bitcoin-Ether Spread is Music to Altcoin Traders’ Ears
The funding rate spread has collapsed, indicating increased appetite by traders to speculate further out on the risk curve, one analyst said.
Long Crypto Traders See $190M in Losses as Bitcoin Retreats After Apparent Mt.Gox Repayments
Some $45 million stemmed from altcoin futures in an unusual move – with bitcoin accounting for a relatively lesser $36 million in liquidations.
Funding Rates in the $500M Market Cap PEPE Token Remain Negative
Negative funding rates indicate dominance of bearish positions in the perpetual futures market.