Well, exchange fees are up 45% on the day, while the coin is getting slammed 6%.
$HYPE : now at 82.7, down 6.1% today and 6.2% off its high.
HL perpetuals: daily fees around 2.77M, up from about 1.91M; open interest around 1.67B, density 2.7.
OKX funding rate around -0.0016%—shorts are trading at a discount.
The platform is collecting rent while the token is being unloaded—busy ≠ recovering.
#HYPE费用 #Perpetuals
$HYPE : now at 82.7, down 6.1% today and 6.2% off its high.
HL perpetuals: daily fees around 2.77M, up from about 1.91M; open interest around 1.67B, density 2.7.
OKX funding rate around -0.0016%—shorts are trading at a discount.
The platform is collecting rent while the token is being unloaded—busy ≠ recovering.
#HYPE费用 #Perpetuals