StandX gold and silver contracts go live simultaneously, with 24-hour trading volume surpassing $1 billion

GateNews
BTC0,3%

BlockBeats News, January 29 — StandX officially launches gold and silver perpetual trading, further enriching the trading ecosystem backed by $DUSD as margin. Users can enjoy native returns from margin trading while holding precious metals. At the same time, the launch of maker point and maker uptime activities has significantly improved StandX’s depth and trading volume. The BTC market depth reached 800 BTC at 10bps (10 basis points), and the 24-hour trading volume surpassed $1 billion.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

CryptoQuant Analyst: Bitcoin Must Hold Above $83K to Confirm Market Recovery

Gate News message, April 26 — According to CryptoQuant analyst Axel Adler, short-term holder (STH) selling pressure has notably eased following spring market stress relief, and Bitcoin's market recovery remains underway. Current BTC price has approached the short-term holder cost basis. Adler

GateNews29m ago

El Salvador Adds 8 BTC Over Past Week, Total Holdings Reach 7,633.37 Bitcoin

Gate News message, April 26 — El Salvador added 8 Bitcoin over the past 7 days, bringing its total holdings to 7,633.37 BTC worth approximately $624 million. Over the past 30 days, the country has accumulated 31 Bitcoin, continuing its strategy of building its national Bitcoin

GateNews1h ago

Bitcoin Perpetual Contracts: Large Holders Earn Fees While Retail Traders Pay, Says Chief Economist

Gate News message, April 26 — Fu Peng, newly appointed chief economist at Xinhuojituan, explained the underlying business model of Bitcoin perpetual contracts on social media, comparing it to traditional finance's "deferred fees" or "overnight fees" used in precious metals and commodity spot

GateNews2h ago

Whale Liquidates 1,351 ETH and Opens $50.6M Bitcoin Short on Hyperliquid

Gate News message, April 26 — A whale address beginning with 0x310 opened a 16x leveraged Bitcoin short position on Hyperliquid over the past 30 minutes, with a notional value of $50.6 million across 653 BTC at an average price of $77,470. The liquidation price stands at $81,308, making it the

GateNews3h ago

Quantitative Trader Killa Predicts Bitcoin Bear Market Bottom at $40,740 or $42,680

Gate News message, April 26 — Quantitative trader Killa shared his prediction for Bitcoin's bear market bottom on April 25, estimating the floor at $38,800. Accounting for approximately 5% variance, he projects the bottom could be either $40,740 or $42,680. Killa previously used a model combining c

GateNews3h ago

Bitcoin Liquidation Cascades: $619M in Short Liquidations if BTC Breaks $80K

Gate News message, April 26 — According to Coinglass data, if Bitcoin breaks $80,000, major centralized exchanges will face cumulative short liquidation intensity of $619 million. Conversely, if BTC falls below $76,000, cumulative long liquidation intensity across major CEXs will reach $645 million.

GateNews6h ago
Comment
0/400
No comments