4.Derivatives & Exchange Updates: Futures activity remains concentrated on platforms like Binance, Bybit, and Bitget (which recently adjusted margin tiers and leverage limits for VELVET perpetuals). Open interest stands near $6.7M, with recent liquidations skewing heavily toward long positions as traders test support around the $0.044 level.
5.Current Market Metrics: VELVET is trading in the $0.046 – $0.049 range, down more than 97% from its June peak. Its market capitalization sits at approximately $22M – $23M (with a fully diluted valuation around $46.5M) based on a circulating supply of roughly 473.86M VELVET.
Futures:$VELVET
Spot:
5.Current Market Metrics: VELVET is trading in the $0.046 – $0.049 range, down more than 97% from its June peak. Its market capitalization sits at approximately $22M – $23M (with a fully diluted valuation around $46.5M) based on a circulating supply of roughly 473.86M VELVET.
Futures:$VELVET
Spot:
