The global market capitalization of cryptography has increased by 2% in the last 24 hours to 4.03 billions of dollars, the main cryptocurrencies have displayed gains.
Bitcoin (BTC) added 2.3% to $ 118,527, Ether increased by 0.7% to $ 4,293. Solana and XRP each increased by 4.4% while Dogecoin gained 4.7%.
The rallies came next to heavy short liquidations, with a feeling of risk improving after a relatively calm macro session.
Positioning of derivatives
- The open interest in the long term (OI) in major tokens has decreased in the past 24 hours, indicating a capital outing. He also suggests that price losses are motivated by the progress of long positions rather than by outdated and simple uncovered sales.
- XMR’s perpetual term contracts seem overheated, with annualized financing rates exceeding 200%. The extremely high figure can encourage referees to take a simultaneous long position on the Auotural market and a short position in the term contracts, which allows them to pocket funding safely.
- The funding rates of other major tokens remain over 10%, reflecting a moderately optimistic bias.
- On the CME, the interest opened in the term contracts on ETH increased to 1.70 million, against 1.51 million Eth.
- The open interest of the BTC has remained stable nearly 138K BTC, the lowest since April.
- In derived, the BTC options at the expiration of August show a slight bias towards put or protection options. ETH options have shown a bias bias in all tenors.
- The implicit volatility of the ETH (iv) of the long -term structure breaks while the BTCs remain unchanged. The flows in the OTC Desk paradigm presented a long position in the $ 115,000 BTC expressing on August 13 and the request for calls of $ 150,000 expired in September.
- The volumes were substantial, with $ 3.3 billion negotiated in the paradigm.
Talk about tokens
- Ethena A exceeded 11.89 billion dollars on TVL, becoming the sixth DEFI protocol to cross $ 10 billion and the second model not on stage after Aave to do so. The Susde Acy is 4.72%, attracting investors focused on yield.
- The protocol scale underlines the growing appetite for non-deptions DEFI models and could influence future conceptions. The market reaction has been largely positive, the industry figures noting the importance of the milestone.
- The USDE maintains an ankle of $ 1 with a market capitalization of $ 10.48 billion and $ 371.97 million in volume 24 hours a day.
- Polymarket Transition will oracle from UMA from OOV2 to MOOV2 after the approval of governance, restricting market resolution proposals to a white list of approved participants.
- The change aims to reduce litigation and market manipulation by ensuring that the proposals are submitted by experienced users, while retaining the rights of disputes open to all.
- The initial white list includes 37 addresses, the quarter formulated as passing from debates open to a more controlled advice resolution process.
- Fatty penguins Sécarré of the Formula 1 brand at the Grand Prix de Singapore after winning the Memecoin trading competition in Kraken. The Pengu brand will appear on Williams Racing’s FW47 car.
- The token earned 55.1% in the last 30 days while diving 11.8% in 24 hours, partially bouncing with an intraday gain of 1.4%.
- Exhibition should stimulate visibility among traditional audiences and strengthen Kraken’s thrust in cryptographic promotions related to sport.
