According to BlockBeats, Coinglass data from October 23rd shows that current funding rates on major CEXs and DEXs indicate that after nearly two days of a "door-to-door" market, the market has intensified its bearish stance on altcoins, while Bitcoin's funding rate has returned to neutral. The specific funding rates are shown in the chart below. BlockBeats Note: Funding rates are fees set by cryptocurrency trading platforms to maintain a balance between the contract price and the price of the underlying asset. They typically apply to perpetual contracts. They serve as a mechanism for exchanging funds between long and short traders. Trading platforms do not charge this fee, but rather adjust the cost or benefit of holding contracts to keep the contract price close to the price of the underlying asset. A funding rate of 0.01% represents the base rate. A funding rate greater than 0.01% indicates a generally bullish market outlook. A funding rate less than 0.005% indicates a generally bearish market outlook.

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According to Bijie.com, decentralized exchange (DEX) Etherex has officially launched its official website, aiming to inject liquidity into Linea and the broader Ethereum ecosystem. The token, REX, will launch on August 6th, offering users a variety of limited liquidity options.