🔢 $AVAX is down 14.22% over 24 hours on Hyperliquid, currently trading at 7.0345.
Hyperliquid recorded $21.99 million in trading volume today, with $21.15 million in open interest—just 12.60% of the trading volume for the same asset on Binance.
Compared with Binance, Hyperliquid’s volume is only a fraction; this move looks more like a market trend driven by Hyperliquid itself.
The funding rate is -0.004%, so shorts are paying at the moment.
#AVAX #On-chain data
The above is for informational purposes only and does not constitute advice.
Hyperliquid recorded $21.99 million in trading volume today, with $21.15 million in open interest—just 12.60% of the trading volume for the same asset on Binance.
Compared with Binance, Hyperliquid’s volume is only a fraction; this move looks more like a market trend driven by Hyperliquid itself.
The funding rate is -0.004%, so shorts are paying at the moment.
#AVAX #On-chain data
The above is for informational purposes only and does not constitute advice.