According to Coinglass data, following the recent rebound and increasing bullish sentiment on social media, funding rates on major CEXs and DEXs indicate a shift from a bearish to a wait-and-see approach. Funding rates for most major cryptocurrencies have largely returned to neutral. See the attached chart for specific funding rates for major cryptocurrencies. **Note:** Funding rates are fees set by cryptocurrency trading platforms to maintain balance between contract prices and the underlying asset price. They are typically applied to perpetual contracts. It's a mechanism for exchanging funds between long and short traders. The trading platform does not charge this fee; it's used to adjust the cost or profit of holding contracts to keep the contract price close to the underlying asset price. A funding rate of 0.01% represents the base rate. A funding rate greater than 0.01% indicates a generally bullish market. A funding rate less than 0.005% indicates a generally bearish market.


