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Gold Token Contract 24-Hour Trading Volume Re-enters the Top 10 of Hyperliquid
BlockBeats News, January 23 — According to Hyperinsight monitoring, in the past 24 hours, the trading volume of the gold token PAXG contract on Hyperliquid reached $17.05 million, ranking ninth on the platform, higher than FARTCOIN, AAVE, and BNB. The contract open interest reached $71.99 million, and the funding rate is currently reported at -0.0023%.
When the market is generally bearish, the funding rate is usually negative — short sellers need to pay fees to long positions.