Gold token contract ranks among Hyperliquid's top ten in 24-hour trading volume

BlockBeats News, January 21, according to Hyperinsight monitoring, in the past 24 hours, the trading volume of the gold token PAXG contract on Hyperliquid reached $22.72 million, ranking eighth, higher than LIT, BNB, and AAVE. The contract open interest reached $86,858,930, and the current funding rate is -0.0032%.

When the market is generally bearish, the funding rate is usually negative—shorts need to pay fees to longs.