The global capitalization of the Crypto market increased 2% in the last 24 hours to $ 4.03 billion, since the main cryptocurrencies published profits.
Bitcoin (BTC) added 2.3% to $ 118,527, the ether increased 0.7% to $ 4,293. Solana and XRP advanced 4.4%, while Dogecoin won 4.7%.
The manifestations came along with heavy short settlements, with a feeling of improved risk after a relatively quiet macro session.
Derivative positioning
- Futures of open interest (OI) in main tokens decreased in the last 24 hours, indicating a capital exit. It also suggests that price losses boost the unwilling of long positions instead of short sales.
- XMR perpetual future seem overheated, with annualized financing rates of more than 200%. The extremely high figure can cause arbitrageurs to take a long simultaneous position in the spot market and a short position in futures, allowing them to pocket the funds safely.
- Financing rates for other important tokens remain set at about 10%, reflecting a moderately bullish bias.
- In the CME, the open interest in the future ETH increased to 1.70 million 1.51 million ETH.
- BTC’s open interest remained stable about 138k BTC, the lowest since April.
- In Delibit, BTC options for the expiration of August show a slight bias towards the put or protectors options. The ETH options showed a bullish bias in all the tenors.
- The implicit volatility term structure of ETH (IV) is pushed while BTCs remain unchanged. The flows in the OTC desktop paradigm presented a long position at the BTC $ 115K, expired on August 13 and the demand for $ 150K calls expired in September.
- The volumes were substantial, with $ 3.3 billion that are negotiated in the paradigm.
Token talk
- Etena It exceeded $ 11.89b in TVL, becoming the sixth protocol to cross $ 10B and the second non -stunned model after Aave to do so. The APY is at 4.72%, attracting yield -centered investors.
- The protocol scale underlines the growing appetite for non -stagnant models and could influence future designs. The market reaction has been widely positive, with industry figures that indicate the meaning of the milestone.
- USDE maintains a $ 1 plug with a market capitalization of $ 10.48by $ 371.97 million in volume 24 hours.
- Poomario It will transition from the OV2 UMA oracle to MOOV2 after the approval of governance, restricting the market resolution proposals to a white list of participants examined.
- The change aims to reduce disputes and market handling ensuring that experienced users present proposals, while maintaining the open dispute rights to all.
- The initial white list includes 37 addresses, with the change framed as going from open debates to a more controlled council style resolution process.
- Dordines penguins The insured brand of Formula 1 at the Singapore Grand Prix after winning the Kraken Memecoin Commerce Contest. Penguing will appear in the FW47 car of Williams Racing.
- The Token won 55.1% in the last 30 days while immersing himself 11.8% in 24 hours, partially bouncing with an intradic gain of 1.4%.
- The exposure is expected to increase the visibility between the conventional public and strengthen Kraken’s impulse in cryptographic promotions linked to sport.
