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FIDA's market seems to have been shut down
24 hours up 38%,
trading 257.6 million dollars,
Open Interest (OI) has surged by 672%.
Shorts have paid for 5 consecutive periods,
Fee rate -0.871%,
rising but still holding on.
Even stranger is the discount of -2.6%,
the contract is still cheaper than the spot,
this is not ordinary chasing the rally.
$FIDA
generated using Claude Opus 4.7 model. Claude is AI and can make mistakes. Please double-check responses.
How many times have you seen this structure, can the shorts still hold on?