According to BlockBeats, Coinglass data from September 30th shows that after yesterday's strong market rebound, funding rates on major CEXs and DEXs currently indicate a neutral market with a slight bearish bias. 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 swaps. Funding rates are 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 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 outlook. A funding rate less than 0.005% indicates a generally bearish market outlook.

On June 17, multiple Dex trading platform X accounts were banned, including BullX (@bullx_io), Bloom (@BloomTrading), Nova (@TradeonNova), etc.