Bitcoin Rebounds to $68,000 as Perpetual Futures Funding Rates Normalize
Coinglass states that April 1 data showed sentiment easing across major centralized exchanges (crypto trading platforms) and decentralized exchanges (peer-to-peer trading protocols).
BTC
Summary
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Terms & Concepts
- Funding rate: A periodic payment in perpetual futures that helps keep contract prices aligned with the spot market.
- Perpetual futures: Crypto derivatives contracts with no expiry date, often using funding payments to track the underlying asset price.
- DEX: A decentralized exchange, a blockchain-based trading venue that lets users trade without a central intermediary.