Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
$AVAAI Fee rate +0.0138% Longs are still paying protection fees to shorts, but look at this trend—just before that, a massive spike with 85.7M volume shot straight up to 0.009696, gaining over 7 points. The next candle's volume dropped directly to 507.9K, a 99% decrease. 💸
The key is, after several candles from 0.008653 to 0.009015, a gain of about 4 points, the volume decreased from 20.9M all the way down to 5.1M. To put it simply, how much protection fee did the market makers have to pay to push from 0.0086 to 0.0096?
Look, that recent high-volume bullish candle broke through 0.0096, but the previous candle closed back at 0.009222. This is a typical pattern of volume surging to push higher and then shrinking, causing a stall. Sister calculated: the previous spike with 85.7M volume broke through 0.0096, but now the volume has shrunk so much. Are the market makers done collecting protection fees and preparing to withdraw?
Sister is watching around 0.0092. If it continues to shrink and drops below 0.009, she’ll reduce her position; if volume surges and breaks 0.0095, she’ll just admit defeat. 🎯