Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
$MORPHO Brothers, look! The previous few candles from 1.88 to 1.93, almost a 3% increase—key point is the rate +0.0050%, and the longs are still paying protection fees to the shorts💸
See, just earlier, one candle with a huge volume of 358.4K broke through 2.0, rising 3%, but the next candle's volume was immediately cut in half to 98.8K, a 72% drop. Basically, how much protection fee did the market makers pay to push from 1.88 to 2.03?
My little sister did the math: in 24 hours, it rose 15 points with positive funding rates, but the cost of the order book was ridiculously high. After the volume spike and quick rise, it immediately shrank in volume and stagnated, a typical pattern of volume expansion to lure traders followed by volume contraction and sideways movement—are the market makers collecting protection fees to prepare for withdrawal?
My little sister will wait around 2.02; if it continues to shrink and drops below 1.95, the order book can't hold anymore; if volume expands and breaks through 2.05, I'll admit defeat💸