According to BlockBeats, Coinglass data from October 17th shows that funding rates on major CEXs and DEXs indicate a deepening bearish trend after last night's further decline, with the number of trading pairs with negative fees continuing to increase compared to yesterday. 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, and are typically applied to perpetual contracts. They serve as a mechanism for exchanging funds between long and short traders, and are not charged by trading platforms. They are used to 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.

According to BlockBeats, on July 10, Aptos ecosystem leader DEX Hyperion announced its platform token economic model, which will adopt a dual token design of RION and xRION to provide basic support for user incentives, platform governance and ecosystem construction. Among them, RION is the platform's native transferable token with a total supply of 100 million, and has core functions such as payment, settlement and participation incentives within the platform. xRION is a non-transferable governance token obtained by staking RION, representing the platform's governance weight and special rights and interests, and can be used in DAO governance voting, Launchpad quota allocation and other scenarios. According to the mechanism, users can exchange RION for a corresponding proportion of xRION according to the lock-up period (up to 52 weeks). The weight of xRION decays linearly over time and supports dynamic extension. In the future, xRION will carry more core platform rights and interests and build a highly participatory and sustainable community collaboration model. This move marks that Hyperion has further improved its platform governance and incentive system in addition to basic trading functions, accelerating the mechanism innovation and value accumulation of Aptos DeFi.

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My heart beats faster...

Hello, is it a bit crowded? 😠

Guess what number it is? 🙈

Can someone help me pick it up

Which faction are you from?