TRON on-chain Futures Trading volume increased by 166% week-on-week, with the addition of STRK and ORDI expanding the coverage of popular asset derivations.
According to Mars Finance, the Chinese decentralized futures trading platform Sun Wukong has recently added STRK and ORDI USDT margin contracts, supporting up to 20x leverage, further expanding the platform's coverage of derivatives in popular assets. On-chain analysis platform Lookonchain data shows that in the past week, the on-chain decentralized futures trading volume on the TRON chain has surpassed 2.59 billion USD, an increase of 166.69% compared to the previous period, reaching a new peak. Analysts believe that the recent rapid switching of sentiment in the crypto market and drastic price fluctuations have driven traders' demand for hedging and arbitrage, leading to a rapid heating up of the decentralized derivatives market.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
TRON on-chain Futures Trading volume increased by 166% week-on-week, with the addition of STRK and ORDI expanding the coverage of popular asset derivations.
According to Mars Finance, the Chinese decentralized futures trading platform Sun Wukong has recently added STRK and ORDI USDT margin contracts, supporting up to 20x leverage, further expanding the platform's coverage of derivatives in popular assets. On-chain analysis platform Lookonchain data shows that in the past week, the on-chain decentralized futures trading volume on the TRON chain has surpassed 2.59 billion USD, an increase of 166.69% compared to the previous period, reaching a new peak. Analysts believe that the recent rapid switching of sentiment in the crypto market and drastic price fluctuations have driven traders' demand for hedging and arbitrage, leading to a rapid heating up of the decentralized derivatives market.