Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
Bitget Futures Market Update: DEX Bot Volume Increase Ensued by DEX Token Price Surge

Bitget Futures Market Update: DEX Bot Volume Increase Ensued by DEX Token Price Surge

Bitget2024/02/26 05:02
By:Bitget
Bitget Futures Market Update: DEX Bot Volume Increase Ensued by DEX Token Price Surge image 0
Over the past few weeks, degen volume on ETH has been sustaining at $30 million per day, a nearly 100% surge over fall. As of Saturday, the total market value of DEX tokens now stands at an astounding $23,599,510,478, marking a remarkable surge of 28.1% within the span of just 24 hours. 
Industry experts anticipate that this bullish momentum in the DEX token market is poised to continue as decentralized finance continues to evolve and expand. With an increasing number of users recognizing the benefits of DeFi platforms and decentralized exchanges, the market value of DEX tokens is expected to witness sustained growth in the foreseeable future.
 
Source: The Daily Edge/Coincu

Futures Market Updates

Over the past 24 hours, the ETH futures market suffered from short position liquidations after a surge over the $3K mark. Major cryptocurrencies such as BTC and ETH still dominate the market. Investors are balanced between their long contracts and short contracts.

Bitcoin Futures Updates

Total BTC Open Interest: $23.41B (-0.70%) BTC Volume (24H): $23.77B (+8.61%) BTC Liquidations (24H): $5.92M (Long)/$6.59M (Short) Long/Short Ratio: 50.00%/50.00% Funding Rate: 0.0156%

Ether Futures Updates

Total ETH Open Interest: $11.40B (+5.00%) ETH Volume (24H): $27.80B (+71.17%) ETH Liquidations (24H): $4.66M (Long)/$20.23M (Short) Long/Short Ratio: 51.47%/48.53% Funding Rate: 0.0334% 

Top 3 OI Surges

XVG: $21.05M (+239.37%) CKB: $48.11M (+90.74%) DGB: $9.10M (+75.51%)
1

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Mars Morning News | BTC sees heavy turnover and high-volume bottoming structure, a typical short-term bottom signal

Cardano experienced a brief chain split due to an old code vulnerability, with the FBI launching an investigation; BTC is showing short-term bottom signals; Port3 suffered a hacker attack causing its token price to plummet; Aave launched a retail savings app to challenge traditional banks. Summary generated by Mars AI. This summary is produced by the Mars AI model, and the accuracy and completeness of its content are still being iteratively updated.

MarsBit2025/11/24 06:59
Mars Morning News | BTC sees heavy turnover and high-volume bottoming structure, a typical short-term bottom signal

This Week's Preview: BTC Returns to 86,000, Trump’s Epic Showdown with Major Shorts, Macro Turmoil Just Settled

After last week's global market panic and subsequent recovery, bitcoin rebounded to $86,861. This week, the market will focus on new AI policies, the standoff between bears and bulls, PCE data, and geopolitical events, with intensified competition. Summary generated by Mars AI. The accuracy and completeness of this summary, produced by the Mars AI model, are still being iteratively improved.

MarsBit2025/11/24 03:44
This Week's Preview: BTC Returns to 86,000, Trump’s Epic Showdown with Major Shorts, Macro Turmoil Just Settled

At risk of being removed from the index? Strategy faces a "quadruple squeeze" crisis

Strategy is facing multiple pressures, including a significant narrowing of mNAV premiums, reduced coin hoarding, executive stock sell-offs, and the risk of being removed from indexes. Market confidence is being severely tested.

BlockBeats2025/11/24 03:41
At risk of being removed from the index? Strategy faces a "quadruple squeeze" crisis