aavefunding

$AAVE down 1.0% as funding hits +0.010%, traders note

📌 What happened
Aave token slipped 1.0% to $132.80 and funding turned slightly positive.

🔍 Why it matters
• Funding at +0.010% means longs are paying shorts, hinting bearish pressure.
• 24h volume $17 M is only 0.8× its 7‑day average, showing reduced trading activity.
• Open interest fell 6% to $58 M, suggesting traders are scaling back positions.

👀 What to watch
• Long‑short ratio of 1.34 may still favor longs if price steadies.
• Risk: declining volume and open interest could precede sharper downside moves.

💬 Bullish or bearish? One word.

#AaveFunding #DeFiFlow