Altcoins Talks - Cryptocurrency Forum

Learning & News => News related to Crypto => Topic started by: sirty143 on May 27, 2021, 03:22:08 AM

Title: Negative funding rates incentivize traders to long Polygon (MATIC) and AAVE
Post by: sirty143 on May 27, 2021, 03:22:08 AM
(https://i.imgur.com/vcTtEcJm.jpg)

The funding rate for MATIC and AAVE is currently rewarding traders who are leveraged longs, but it might not last for long. Data shows that AAVE and Polygon (MATIC) traders are currently being paid up to 4.3% per week to long future contracts. In the crypto markets, traders are usually... See more for yourself here (https://cointelegraph.com/news/negative-funding-rates-incentivize-traders-to-long-polygon-matic-and-aave).

Your opinion is greatly appreciated.