The 'main explosive multiple orders' have sold out $10.49 million across the entire network in the past 1 hour, with multiple orders selling out $7.15 million

Bounce Brand tweeted that BounceX will be launched next week, supporting the platform's native token AUACTION as a margin asset. Previously, Bounce Brand announced that it will launch the perpetual contract exchange BounceX in the fourth quarter of 2024.

According to Cointelegraph, SOL's recent poor performance has raised concerns among traders about the possibility of further price declines. Solana's DApp on the chain ranked second with a weekly trading volume of $20.9 billion, but performed the worst among the top 10 blockchains, with a 30% decline within 7 days. In contrast, Ethereum's on chain transaction volume decreased by 15%, while Sui decreased by 8%. Solana's network TVL reached its highest level in two years, at 44 million SOL. According to DefiLlama data, the monthly growth of 16% is driven by platforms such as Binance Staked SOL, Jupiter, Drift, and Orca. On the downside, Jito, Sanctum, and MarginFi's deposits have decreased.

Odaily Planet Daily News: According to official sources, Megabit officially launched XLM USDT perpetual contracts on December 28th at 14:00 (UTC+8), supporting up to 75 times leverage.

BlockBeats News: On December 28th, Nate Geraci, President of ETF Store, posted on social media that Volatility Shares has submitted an ETF application based on Solana futures to the US Securities and Exchange Commission, covering leverage exposures of 1x, 2x, and -1x. Solana futures contracts are only traded on exchanges registered with the Commodity Futures Trading Commission.

The Binance GMT/USD perpetual funding rate is currently -1.02%, and bears need to pay funding fees to bulls, indicating a high bearish sentiment in the market. AICoin [PC - Home - Popular Rankings] has launched the "Fund Rate" ranking, which provides a list of rate arbitrage opportunities. Capital fees are an important mechanism for anchoring spot prices in perpetual contracts, used to balance long and short sentiment. When the funding rate is greater than 0, long positions pay funding fees to short positions; When the funding rate is less than 0, short sellers pay funding fees to long sellers.