Coinbase is expanding its crypto offerings with the launch of
Coinbase 50 Index, a global crypto benchmark, as well as derivative trading for CATI-PERP, DOGS, and POL, among others. With these new listings, many coins are experiencing significant price rallies, notably Neiro and Catizen AI's CATI. In conjunction, trading platform
SynFutures is introducing its first ‘Perp Launchpad’ with a $1M grant to bolster emerging token projects, a move that could potentially reshape DeFi derivatives markets.
Perp DEX is also making strides, stepping into the liquidity explosion with daily increases of over 1000% in some cases. Furthermore, Bitcoin is nearing its bottom as perp funding rates stay negatively placed, according to a
K33 report. Meanwhile,
Pyth leads perp trading on Solana, Sui with a massive $600B trading volume set to increase by 10x.
Base Layer-2 Blockchain is preparing to host BSX, the first CLOB Perp Exchange, while Solana marks a 3% price jump as Perp DEXes record unparalleled growth. Other significant developments include the introduction of a self-trade prevention mechanism by Ebi.xyz to combat wash trading and the proposed listing of perpetual futures by Coinbase for the altcoins JUP, TNSR, JTO. The Coinbase future listing is inevitably triggering rallies for other cryptocurrencies like Floki, and Bonk, with
Perpetual Protocol’s PERP making a notable leap as well.
PERP Coin News Analytics from Thu, 01 Aug 2019 07:00:00 GMT to Tue, 12 Nov 2024 13:05:55 GMT -
Rating 7
- Innovation 9
- Information 8
- Rumor -5
