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remains highly volatile after its earlier major sell-off. Recent coverage reported another decline in September, while current market data continues to show active trading." means that the VELVET perpetual futures contract, VELVETUSDT Perp, was quoted at about 0.0562 USDT and was down 2.76% at the time of the post.
It also says VELVET has experienced a significant price drop earlier and is still moving sharply up and down, which is what “highly volatile” means. The reference to another decline in September suggests selling pressure continued during that period, while “active trading” indicates that traders are still buying and selling the contract frequently. High activity does not necessarily mean the price will recover; it can also reflect continued uncertainty and risk.#CoinDeskRevealsGateRWAPerpetualsTop3Globally #OracleQ1EarningsBeatStockUpOver5% #Web3SecurityGuide