Hyperliquid platform PUMP open interest reached $308 million, Binance was $169 million

PANews reported on July 16 that according to Ai Yi’s monitoring, the market sentiment of PUMP tokens gradually shifted from a general bearish sentiment at 4 billion FDV (fully diluted valuation) to a strong bullish sentiment at 6.5 billion FDV.

Currently, the PUMP open interest (OI) of the Hyperliquid platform has reached $616 million, and that of the Binance platform is $169 million, accounting for 92.7% of the total OI of the market. In addition, the funding rates of the top ten platforms in terms of contract size are all positive, indicating that the market sentiment is still mainly bullish.

However, due to the difference in statistical caliber between Hyperliquid and Binance, Hyperliquid's OI is a double calculation of long and short positions, and the actual amount after adjustment is 308 million US dollars, while Binance's statistical method only calculates the position after the long and short positions are formed, which remains at 169 million US dollars.

Share to:

Author: PA一线

This content is for informational purposes only and does not constitute investment advice.

Follow PANews official accounts, navigate bull and bear markets together
Recommended Reading
37 minute ago
1 hour ago
5 hour ago
15 hour ago
15 hour ago
16 hour ago

Popular Articles

Industry News
Market Trends
Curated Readings

Curated Series

App内阅读