On the morning of October 17, Bitcoin was trading at around $81,643 on Binance Spot, down approximately 0.85% over 24 hours; Ethereum was around $2,423, down approximately 0.78%. Bitcoin and Ethereum perpetual funding rates were approximately 0.010% and 0.006% per 8 hours, respectively, within normal ranges.

1. $AERO : Binance will support the merger of Velodrome (VELODROME) tokens into Aerodrome (AERO), at a conversion rate of 1 VELODROME to 0.044 AERO. Opening new positions in the VELODROMEUSDT perpetual contract will be prohibited starting at 4:30 p.m. (UTC+8) on October 28. Positions will be automatically closed and settled at 5:00 p.m., and the contract will be delisted. The VELODROME spot trading pair will be delisted at 11:00 a.m. (UTC+8) on November 3. After the merger, AERO’s circulating supply will increase from approximately 1 billion to approximately 1.07 billion tokens. AERO was trading at around $0.871 on Binance Spot, down approximately 6.66% over 24 hours; VELODROME was around $0.0383, approximately 0.16% lower than AERO based on the conversion rate.

2. $ZIL : Upbit announced that it will delist Zilliqa (ZIL) on November 16. ZIL was trading at around $0.00248 on Binance Spot, down approximately 24.77% over 24 hours. The latest funding rate for the USDT-margined perpetual contract was approximately -0.085% per 8 hours, meaning shorts pay longs.

3. FIL: Filecoin will undergo a network upgrade and hard fork at block height 6,470,279 (expected at 8:59 p.m. (UTC+8) on October 19). Binance expects to suspend FIL deposits and withdrawals at 7:59 p.m. that day. FIL was trading at around $1.137 on Binance Spot, down approximately 0.85% over 24 hours.

4. $BERA : The latest funding rate for Binance’s USDT-margined perpetual contract was approximately -0.098% per 8 hours, meaning shorts pay longs. BERA was trading at around $0.187 on Binance Spot, down approximately 15.74% over 24 hours. No public news directly related to this latest decline has been found so far.

The above is a record of market data and does not constitute investment advice.

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