13:59
TRON on-chain Futures Trading volume increased by 166% week-on-week, with Sun Wukong launching new STRK and ORDI to expand the coverage of popular asset derivation.
ChainCatcher news, the Chinese decentralized futures trading exchange Sun Wukong has recently added STRK and ORDI USDT-based futures trading, supporting up to 20x leverage, further expanding the platform's coverage of derivatives in popular assets.
The on-chain analysis platform Lookonchain data shows that over the past week, the decentralized Futures Trading volume on the TRON chain has surpassed 2.59 billion USD, with a month-on-month increase of 166.69%, setting a new stage high.
Analysis suggests that the recent rapid switching of sentiment in the cryptocurrency market and severe price fluctuations have led to a simultaneous increase in demand for hedging and arbitrage among traders, driving a quick rise in the decentralized derivation market.

