Lobster: Market cap 45.8 million, trading volume 249.4 million
With a market cap of only 45.8 million, the 24-hour trading volume is 249.4M. This isn’t a splash in a small pond—it’s real money being thrown into a place that only has contracts and no spot.
Binance is set to list Lobster perpetual contracts—10 related news items, and attention is picking up.
The funding rate dropped from +0.0050% to -0.0103%, flipping negative. Shorts begin to gain the upper hand, but short positions aren’t free—the holding cost will be pushed higher.
Open interest +9.7%: up from 25.9M to 29.5M, then back down to 28.4M. Price at 0.04587, still up 3.7% over 24h.
As it keeps going up, the funding rate turns negative, yet OI expands. No one is backing down—they’re just placing bets on each other.
Don’t pick a side yet. Watch how long the rate stays negative, and whether OI can climb back to 29.5M. Keep a close eye on leverage and holding costs.
Risk warning: Only one contract trading pair—if you can enter, you can also exit. Before the negative funding gets compensated, every day of holding is tuition paid.
#龙虾 #币安 #Bitcoin
With a market cap of only 45.8 million, the 24-hour trading volume is 249.4M. This isn’t a splash in a small pond—it’s real money being thrown into a place that only has contracts and no spot.
Binance is set to list Lobster perpetual contracts—10 related news items, and attention is picking up.
The funding rate dropped from +0.0050% to -0.0103%, flipping negative. Shorts begin to gain the upper hand, but short positions aren’t free—the holding cost will be pushed higher.
Open interest +9.7%: up from 25.9M to 29.5M, then back down to 28.4M. Price at 0.04587, still up 3.7% over 24h.
As it keeps going up, the funding rate turns negative, yet OI expands. No one is backing down—they’re just placing bets on each other.
Don’t pick a side yet. Watch how long the rate stays negative, and whether OI can climb back to 29.5M. Keep a close eye on leverage and holding costs.
Risk warning: Only one contract trading pair—if you can enter, you can also exit. Before the negative funding gets compensated, every day of holding is tuition paid.
#龙虾 #币安 #Bitcoin