Significant events surrounding
PERP Coin have been taking place. Coinbase announced that it would
temporarily suspend FTM-PERP trading causing speculation about a potential
price dip. In addition, the
launch of the Coinbase 50 Index saw a surge in popularity. This index
tracks the top 50 digital assets, including Bitcoin, Ethereum, Dogecoin, and Solana.
HyperLiquid, a platform that focuses on PERP trading, recently experienced a record $60 million in USDC net outflows.
PYTH's volume growth has been essential for the
success of perps trading on several platforms, including Solana and Sui. This growth could cause a
10x increase in the total trading volume.
Perpetual Protocol (PERP) crypto is currently experiencing a pump in price, and news of
BSX, the first CLOB Perp exchange launching on the base layer-2 blockchain, adds anticipation. Meme coins remain a hot topic, with the BOME meme coin experiencing an upswing after Coinbase announced its support.
The increased activity on
HyperLiquid has overshadowed Bitcoin, contributing to hitting a huge $500 billion milestone. Lastly, companies like BYDFi announced new PERP contracts while networks like Orderly aim to gain a market in meme coin perps.
PERP Coin News Analytics from Fri, 02 Aug 2019 07:00:00 GMT to Wed, 15 Jan 2025 18:20:27 GMT -
Rating 5
- Innovation 0
- Rumor 6
