Futures
Access hundreds of perpetual contracts
CFD
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
Promotions
AI
Gate AI
Your all-in-one conversational AI partner
Gate AI Bot
Use Gate AI directly in your social App
GateClaw
Gate Blue Lobster, ready to go
Gate for AI Agent
AI infrastructure, Gate MCP, Skills, and CLI
Gate Skills Hub
10K+ Skills
From office tasks to trading, the all-in-one skill hub makes AI even more useful.
GateRouter
Smartly choose from 40+ AI models, with 0% extra fees
7.7 hours ago, the $BEAT that was watched closely was realized: after T0, the price rose another 23.58%.
The main side is very strong.
At launch, the price was 3.6376, now it’s 4.4954.
The 24H increase went from 62.55% to 77.66%, a rise of another 15.11 percentage points.
This isn’t just a local hype, it’s continuing to expand the space at a high level; seasoned traders seeing this script will get excited, but they’ll also touch the back of their heads first.
The B side is also not easy.
Open interest (OI) increased from $51.7M to $66.1M, adding another 27.89% after T0.
The 24H change in OI is now +58.8%, indicating positions are still being pushed in.
But the 1H OI is -2.0%, which hints at something—short-term, it’s not just blindly adding positions; some traders are starting to let go at high levels.
What the market is really watching is the contrast between funding rates and active trades.
Funding rates rose from +0.0729% to +0.1359%, still eight consecutive periods of long-paying.
This indicates that long positions are becoming more costly, and the heat is being realized clearly.
But the Taker rate dropped from 1.12 to 0.95, meaning the advantage of active buying has diminished.
While the price continues to surge on one side, active trades are no longer predominantly long; this contrast is the most eye-catching part of the market.
The long-short structure is also quite interesting.
The overall account long-short ratio is 0.49, with only 33% retail traders being long.
The top-tier account long-short ratio dropped from 1.48 to 1.21, still leaning long but not as exaggerated as at the launch.
So, this round of market review can only say: the realization is real, and the crowding is real.
#BEAT Trend
Generated using the Claude Opus 4.8 model. Claude is AI and can make mistakes. Please double-check responses.