Lookonchain APP

App Store

Current mainstream CEX and DEX funding rates display a shift in market sentiment from bearish to neutral

2 hours ago

December 12th — Coinglass data shows funding rates across major centralized (CEX) and decentralized (DEX) exchanges signal a shift in market sentiment: from a bearish bias to neutral. Specific funding rates for top cryptocurrencies are available in the attached image. [BlockBeats Note] Funding rates are fees set by crypto exchanges to align perpetual contract prices with the underlying asset’s spot price. They facilitate fund transfers between long and short traders—exchanges do not collect these fees. The mechanism adjusts traders’ holding costs or profits to keep contract prices close to the underlying asset. Rate breakdown: - 0.01% = baseline - >0.01% = bullish bias - <0.005% = bearish bias
Relevant content

Cookie: Unable to predict the token price movement post TGE, merely serving as an operational tool for the InfoFi platform

On December 12, Cookie DAO released a statement addressing the sharp price drop following the Token Generation Event (TGE) on the Cookie Launchpad. The announcement clarified that Cookie did not determine the token’s performance on or after TGE day. The project team independently set the fundraising amount, tokenomics, and liquidity arrangements. Cookie does not participate in the project’s treasury, control pricing, or influence post-listing trends. Instead, it acts solely as an InfoFi platform: providing tools for projects to host InfoFi events, and rewarding users who genuinely drive attention, content, and mindshare for the project. The current market faces extreme liquidity crunches, heavy selling pressure, and unpredictable volatility. The community sentiment that “Cookie made a fortune while everyone else took massive losses” is completely false. Cookie is not ignoring this situation and remains attentive to community feedback, aiming to learn from each token listing to im

4 minutes ago

Pre-market Crypto Stock Movement Mixed, with BitMine Up 1.09%

December 12: U.S. crypto-related stocks were mixed in pre-market trading, per market data. Ethereum Decentralized Treasury (DAT) firms saw broad gains, with the following moves: - MicroStrategy (MSTR): -0.26% - Circle (CRCL): -0.2% - Coinbase (COIN): +0.36% - MARA Holdings (MARA): -0.18% - Riot Platforms (RIOT): -0.08% - BitMine Immersion (BMNR): +1.09% - SharpLink Gaming (SBET): +0.95%

4 minutes ago

Synthetix is set to return to the Ethereum mainnet on December 17th, with SLP launching simultaneously

On December 12, decentralized derivatives protocol Synthetix announced it will relaunch on the Ethereum mainnet on December 17. Synthetix Liquidity Providers (SLP) will go live simultaneously, with access restricted to a whitelist initially—with plans to open to all users as soon as possible.

4 minutes ago

Market News: Bank of Japan Considers Extending Its Rate Hike Cycle Until Above 0.75%

December 12: Market reports indicate the Bank of Japan (BOJ) sees its rate-hike cycle potentially extending until rates top 0.75%. The BOJ has yet to pin down the exact level of the neutral interest rate, noting its range remains broad.

4 minutes ago

Binance Alpha This Issue RAVE Airdrop Single Order Yielded Approximately $72

December 12: Binance Alpha has launched RaveDAO (RAVE). The token currently trades at $0.18 with a market cap of $42 million. Eligible users can claim a 400-RAVE airdrop, worth roughly $72 at current prices.

4 minutes ago

Raise Smart Cards will be building an on-chain gift card and loyalty ecosystem on Solana

On December 12, The Raise Network’s team announced at the Solana Breakpoint Conference that its Raise Smart Cards project has selected Solana as the infrastructure to build an on-chain gift card and loyalty ecosystem. The on-chain smart gift card system will support loyalty rewards for brands including Uber and Fanatics, leveraging Solana’s high-performance capabilities.

4 minutes ago