Data: The funding rate for ENA contracts on the Binance platform has risen to 2.5 per thousand
ChainCatcher message, according to on-chain analyst @ai_9684xtpa's monitoring, the funding rate for Binance's $ENA contract has soared to 2.5 per thousand. Under the condition that the rate remains unchanged, shorting $10,000 requires a funding fee of $25 every 4 hours, and significant fluctuations are expected at the 12 o'clock settlement. Based on historical funding rates, at 4 AM today, ENA started a strong rebound, and the rate rose to 3.2 per thousand, with a trading volume of $876 million in the last 24 hours.ENA and Bybit have a deep cooperative relationship, with 21% of USDe executing delta-neutral hedging strategies on Bybit. After the theft at Bybit, ENA briefly dropped by 11%, and USDe also experienced a slight discount. However, after Bybit promised compensation and ENA informed that "all spot assets supporting USDe are held in custody solutions outside the exchange," the price has gradually rebounded (lowest $0.4078, current price $0.453).