Holdings
86.21B-1.70%
24H Liquidation
187.36M93.64%
BTC ETF 7D net inflow
+1.99万 BTC
ETH ETF 7D net inflow
+13.02万 ETH
Crypto Index
Crypto Index
$2.59T
BTC
ETH
Others
ETF Y-Flow >
184.1 BTC
≈14.4M USD
Fear & Greed Index
31
Fear
Market Share
59.88%
0.21%
10.65%
-0.32%
Liquidation Alert
In the past hour, total liquidations across the network reached $11.56 million, with $9.90 million from long positions, with $1.66 million from short positions. BTC liquidation $270,620.03, ETH liquidation $272,278.98.
Fu Peng, chief economist of Xinhuo Group: Bitcoin perpetual contracts are essentially a system where large investors hold long positions and collect rent, while retail investors leverage their positions and pay fees.
According to Huoxun Finance, Fu Peng, the newly appointed chief economist of Xinhuo Group, pointed out in an article that the underlying business model of Bitcoin perpetual contracts is essentially the same as the "deferred fees/overnight fees" of traditional gold and industrial commodity spot exchanges. Fu Peng analyzed that in the early days, gold exchanges settled positions daily through forced liquidation, with long and short positions paying deferred fees to each other. When retail investors held a large number of highly leveraged long positions, deferred fees became the platform's most stable and hidden source of income. Currently, Bitcoin platforms mainly rely on perpetual contracts, with both long and short positions settling funding rates every 8 hours. When the market is dominated by long positions, long-term retail investors continuously pay funding rates to short positions. Although the platform does not directly collect this fee, this model can significantly increase trading activity, open interest, and liquidity, indirectly bringing in substantial transaction fee revenue for the platform, forming a stable and large cash flow. Essentially, it's a business model where large investors/institutions "collect rent" from long-term positions, retail investors pay for leveraged long positions, and the platform indirectly extracts revenue.
Polymarket reports an 88% probability that MegaETH will surpass a $1 billion market capitalization on its first day of listing.
According to the latest data from Polymarket, the current market probability for MegaETH's fully diluted valuation (FDV) to exceed $1 billion within one day of its launch is 88%. Specifically, the probability of MegaETH's FDV exceeding $600 million within one day is 97%, exceeding $800 million is 93%, exceeding $1.5 billion is 56%, and exceeding $2 billion is 31%. Previous reports indicated that MegaETH might begin its token generation event (TGE) on April 30th.
Fu Peng: Bitcoin perpetual contracts are essentially a system where large investors hold positions and collect rent, while retail investors use leverage to go long and pay fees.
According to an article published on the X platform by Fu Peng, chief economist of Newfire Group, published by Odaily Planet Daily, the underlying business model of Bitcoin perpetual contracts is essentially the same as the deferred fees or overnight fees of traditional gold and industrial commodity spot exchanges. Fu Peng pointed out that gold exchanges used to force both long and short positions to pay deferred fees through daily forced liquidation settlements. When retail investors held highly leveraged long positions, these deferred fees became a stable source of revenue for the platform. Now, Bitcoin platforms rely on perpetual contracts to settle funding rates every 8 hours. When long positions are dominant, retail investors continuously pay fees to short positions. Although the platform does not directly collect these fees, it indirectly obtains substantial transaction fees by increasing trading activity, open interest, and liquidity. This model is essentially a business model where large investors or institutions hold long positions and collect rent, retail investors pay fees for leveraged long positions, and the platform indirectly takes a cut.
Over the past 7 days, the circulating supply of USDC has decreased by approximately 700 million coins, bringing the total circulating supply to 78 billion.
According to official data, in the past seven days ending April 23, Circle issued approximately 5.1 billion USDC and redeemed approximately 5.8 billion USDC, resulting in a net decrease in circulating supply of approximately 700 million USDC. The current total circulating supply of USDC is 78 billion, with reserves of approximately $78.2 billion, including approximately $47.2 billion from overnight reverse repurchase agreements, approximately $19.4 billion from Treasury bonds with maturities of less than three months, approximately $11 billion from systemically important institution deposits, and approximately $600 million from other bank deposits.
Top Funding Rate
PF_TRUUSD | 1.2220%4h |
PF_CFGUSD | 0.9989%4h |
PF_MNTUSD | 0.9980%4h |
FIOUSDT | 0.4221%4h |
PF_CATUSD | 0.4005%4h |
Long/Short Ratio
BTC | 0.47 | |
ETH | 2.35 | |
SOL | 1.08 | |
XRP | 1.38 | |
DOGE | 1.13 |
Global Index
US Dollar Index (DXY)
$98.53
-0.24%
London Gold (XAU)
$4,709.25
0.33%
S&P 500 Index (SPX)
$7,165.08
0.80%
Nasdaq Index (IXIC)
$24,836.6
1.63%
ChainData
Spot
Derivatives
Unlock
Sector
# | Name | Price | Change(24H) | Change(7D) | Market | Trading Volume/Amount | Circulating Supply | 7D Price Trend | ||
|---|---|---|---|---|---|---|---|---|---|---|
1 | DOGE Dogecoin | $0.09784 | -0.14% | +1.86% | $14.38B | $2.7B 19.59BDOGE | ![]() ∞ | |||
2 | M MemeCore | $4.4602 | +0.00% | -2.94% | $5.54B | $11.52M 2.67MM | ![]() 12.9% | |||
3 | SHIB Shiba In... | $0.0{5}6183 | -0.13% | +1.07% | $3.64B | $142.88M 22.78TSHIB | ![]() 100% | |||
4 | PEPE Pepe | $0.0{5}3827 | -0.78% | -0.06% | $1.61B | $590.69M 141.76TPEPE | ![]() 100% | |||
5 | GOYIM GOYIM | $0.000605 | +0.00% | +0.00% | $604.99M | $0 0.00GOYIM | ![]() 100% | |||
6 | TRUMP Official... | $2.536 | -12.28% | -12.89% | $585.11M | $564.09M 153.91MTRUMP | ![]() 23.2% | |||
7 | BONK BONK | $0.0{5}6257 | -2.47% | +1.03% | $549.94M | $39.71M 6.28TBONK | ![]() 100% | |||
8 | PENGU Pudgy Pe... | $0.008569 | -1.80% | +15.54% | $537.93M | $108.02M 12.48BPENGU | ![]() 70.7% | |||
9 | 币安人生 币安人生 | $0.3682 | +7.53% | -27.04% | $367.37M | $59.75M 166.87M币安人生 | ![]() 100% | |||
10 | FLOKI Floki In... | $0.00003267 | -2.69% | +5.83% | $315.25M | $50.5M 1.55TFLOKI | ![]() 96.5% | |||
11 | WIF dogwifha... | $0.1783 | -2.04% | -14.08% | $177.85M | $272.35M 1.50BWIF | ![]() 100% | |||
12 | RH Red Hors... | $0.01185 | -23.24% | -7.60% | $117.91M | $51,111.32 3.83MRH | ![]() 100% | |||
13 | MELANIA Melania ... | $0.1133 | -0.73% | +2.78% | $108.16M | $6.48M 56.16MMELANIA | ![]() 95.2% | |||
14 | RVN RavenCoi... | $0.005968 | +0.31% | -0.90% | $96.83M | $40.11M 6.40BRVN | ![]() 77.1% | |||
15 | BANANAS31 Banana F... | $0.009141 | -1.36% | -7.78% | $91.54M | $5.54M 603.52MBANANAS31 | ![]() 100% | |||
16 | NYC NYC | $0.0865 | +0.34% | +0.23% | $86.5M | $86,417.02 1.00MNYC | ![]() 100% | |||
17 | BABYDOGE Baby Dog... | $0.0{9}419 | -1.65% | -1.18% | $76.25M | $1.92M 4,534.23TBABYDOGE | ![]() 43.3% | |||
18 | PNUT Peanut t... | $0.05215 | -4.74% | -10.78% | $52.11M | $17.63M 330.70MPNUT | ![]() 100% | |||
19 | BIRB Moonbird... | $0.1533 | -1.24% | +7.70% | $43.68M | $9.74M 61.16MBIRB | ![]() 28.5% | |||
20 | BOME BOOK OF ... | $0.0005199 | -4.03% | +2.06% | $35.86M | $37.41M 66.75BBOME | ![]() 100% | |||
21 | SATS SATS(BRC... | $0.0{7}1442 | -4.19% | -8.62% | $30.3M | $2.5M 170.79TSATS | ![]() 100% | |||
22 | 1000SATS SATS(BRC... | $0.00001441 | -4% | -8.69% | $30.25M | $2.59M 175.30B1000SATS | ![]() 100% | |||
23 | BURNIE Burnie S... | $0.01735 | +151.49% | +469.72% | $16.86M | $62,046.87 4.84MBURNIE | ![]() 97% | |||
24 | CAT Simons C... | $0.0{5}1868 | -1.48% | -2.20% | $12.6M | $497,263.01 107.06BCAT | ![]() 75% | |||
25 | WTMLL 我踏马来了 | $0.01164 | +2.59% | -12.33% | $11.63M | $3.62M 323.46MWTMLL | ![]() 100% | |||
26 | MELEX MELEX | $0.353 | +13.68% | +5.36% | $7.42M | $1.4M 3.98MMELEX | ![]() 100% | |||
27 | WHITEWHALE The Whit... | $0.00727 | +0.13% | -5.47% | $7.3M | $1.09M 146.73MWHITEWHALE | ![]() 100% | |||
28 | 雪球 雪球 | $0.01115 | -12% | -18.97% | $6.42M | $110,763.94 9.45M雪球 | ![]() 57.4% | |||
29 | TESTICLE TESTICLE | $0.00605 | -5.77% | -34.12% | $6.03M | $1.04M 160.04MTESTICLE | ![]() 100% | |||
30 | BULLSOL BULLSOL | $0.00351 | +9.27% | -2.72% | $3.65M | $57,883.47 17.08MBULLSOL | ![]() 100% | |||
31 | PUNCH パンチ | $0.00292 | -5.51% | -39.30% | $2.87M | $82,799.76 28.43MPUNCH | ![]() 100% | |||
32 | LUX Luxxcoin | $0.001217 | +0.27% | -3.14% | $2.79M | $577,248.95 474.82MLUX | ![]() ∞ | |||
33 | PENGUIN Nietzsch... | $0.002802 | +2.37% | -5.31% | $2.75M | $1.69M 619.61MPENGUIN | ![]() 100% | |||
34 | RUSSELL RUSSELL | $0.002513 | +0.00% | +0.00% | $2.46M | $103,653.12 40.67MRUSSELL | ![]() 97.1% | |||
35 | PSYOPANIME PSYOPANI... | $0.002323 | -0.31% | +5.49% | $2.33M | $162,528.54 71.67MPSYOPANIME | ![]() 100% | |||
36 | 67 The Offi... | $0.002143 | -19.86% | +15.52% | $2.14M | $58,661.87 27.64M67 | ![]() 100% | |||
37 | PING Ping | $0.001597 | +3.23% | -17.30% | $1.65M | $2.48M 1.52BPING | ![]() 100% | |||
38 | CUMMIES CumRocke... | $0.001047 | +9.50% | +4.72% | $1.38M | $1,841.86 1.79MCUMMIES | ![]() 100% | |||
39 | 1 1 coin c... | $0.00125 | +0.00% | +0.00% | $1.25M | $0 0.001 | ![]() 100% | |||
40 | SHRUB Shrub | $0.002428 | +0.00% | +0.00% | $1.18M | $225,298.76 174.93MSHRUB | ![]() 94.2% | |||
41 | CLAWNCH CLAWNCH | $0.00001082 | -4.17% | -21.14% | $1.07M | $780,862.16 70.08BCLAWNCH | ![]() 100% | |||
42 | PVT Punkvism | $0.000464 | -1.07% | -3.74% | $1.02M | $600.45 1.29MPVT | ![]() 22.1% | |||
43 | FOXY FOXY | $0.000557 | +0.00% | +0.00% | $691,634.99 | $341,022.69 2.84BFOXY | ![]() 58.6% | |||
44 | 人生K线 人生K线 | $0.000691 | -2.95% | -16.95% | $691,000 | $2.25M 3.25B人生K线 | ![]() ∞ | |||
45 | FIH FIH | $0.000685 | +0.00% | +0.00% | $685,000 | $0 0.00FIH | ![]() 100% | |||
46 | PIGEON PIGEON | $0.000631 | +0.00% | -4.11% | $631,000 | $0 0.00PIGEON | ![]() 100% | |||
47 | BIGTROUT The Big ... | $0.000641 | +0.00% | +0.00% | $606,419.64 | $0 0.00BIGTROUT | ![]() 94.6% | |||
48 | MOLTEN Molten | $0.0{5}6098 | +20.82% | -0.79% | $566,721.69 | $110,919.37 19.27BMOLTEN | ![]() 93.5% | |||
49 | MAD MAD | $0.0{6}5414 | +0.35% | -8.32% | $541,324.99 | $591.91 1.10BMAD | ![]() 100% | |||
50 | 恶俗企鹅 三维威廉泰尔企鹅 | $0.0005099 | +0.00% | +0.00% | $509,900 | $0 0.00恶俗企鹅 | ![]() 100% | |||
51 | AUTISM Autism O... | $0.0005353 | +0.00% | +0.00% | $507,949.99 | $33,872.33 35.53MAUTISM | ![]() 100% | |||
52 | GHIBLI Ghiblifi... | $0.000948 | +0.00% | +0.00% | $504,311.31 | $55,748.84 108.18MGHIBLI | ![]() 100% | |||
53 | GASTOWN GASTOWN | $0.00047 | +0.00% | +0.00% | $469,938.06 | $0 0.00GASTOWN | ![]() 100% | |||
54 | 1DAY Ucan fix... | $0.0003851 | -4.94% | +4.25% | $390,600 | $1.49M 3.79B1DAY | ![]() 100% | |||
55 | SPSC Shit Pis... | $0.0003576 | +0.00% | -22.37% | $357,571.9 | $0 0.00SPSC | ![]() 100% | |||
56 | BIGDON BIGDON | $0.00035 | +0.00% | +0.00% | $350,000 | $0 0.00BIGDON | ![]() 100% | |||
57 | MINER Never Gi... | $0.000316 | -1.25% | -15.29% | $315,990.16 | $12,496.83 39.55MMINER | ![]() ∞ | |||
58 | SNOWBALL snowball | $0.000334 | +2.45% | +21.45% | $312,582.58 | $496,021.74 1.51BSNOWBALL | ![]() 95.3% | |||
59 | FKH Flying K... | $0.00025 | +0.00% | +0.00% | $246,626.66 | $0 0.00FKH | ![]() 98.6% | |||
60 | $PEACE Peace Fr... | $0.000147 | -60.80% | +0.00% | $159,999.91 | $1.21M 6.96B$PEACE | ![]() 100% | |||
61 | DONT Disclaim... | $0.0{5}1182 | +5.25% | -19.38% | $150,886.29 | $55,182.56 47.31BDONT | ![]() 30.4% | |||
62 | BOMB LollyBom... | $0.0004102 | +0.00% | +0.00% | $149,400 | $56,175.37 3.75BBOMB | ![]() 100% | |||
63 | 小股东 小股东 | $0.0001302 | -0.01% | -5.17% | $130,180 | $2,849.14 21.99M小股东 | ![]() 100% | |||
64 | SACHI SachiCoi... | $0.000122 | -11.60% | -9.63% | $117,526.31 | $6,613.94 51.19MSACHI | ![]() 96.3% | |||
65 | KURUMI Kurumi | $0.00006408 | +0.00% | +0.00% | $64,080 | $0 0.00KURUMI | ![]() 100% | |||
66 | 21 2131KOBU... | $0.000054 | +0.00% | +35% | $53,981.66 | $0 0.0021 | ![]() 100% | |||
67 | COPM COP Mint... | $0.0002779 | +0.00% | +1.83% | $41,310.84 | $0.53 1.91KCOPM | ![]() ∞ | |||
68 | BLACKWHALE The Blac... | $0.000041 | +0.00% | +0.00% | $40,381.77 | $0 0.00BLACKWHALE | ![]() 98.5% | |||
69 | 山野万里 你是我藏在微风里的欢喜 山野万里 你是我... | $0.000038 | +0.00% | +0.00% | $38,000 | $0 0.00山野万里 你是我藏在微风里的欢喜 | ![]() 100% | |||
70 | ALF ALF | $0.0{6}189 | +0.00% | +0.00% | $18,900 | $0 0.00ALF | ![]() 100% | |||
71 | SEXY Sexy Mem... | $0.002246 | -0.73% | +0.63% | $4,717.19 | $7.43 3.31KSEXY | ![]() 10% | |||
72 | BBT Burger B... | $0.00000291 | +0.00% | +0.00% | $430.24 | $1,167.9 244.32MBBT | ![]() 14.8% | |||
73 | TSTBSC TSTBSC | $0.01133 | -2.42% | -6.21% | $10.81 | $96,909.22 8.61MTSTBSC | ![]() 100% | |||
74 | DUMBMONEY DUMBMONE... | $0.000773 | -15.71% | -85.81% | $0 | $1.23M 1.68BDUMBMONEY | ![]() 100% | |||
75 | SAMOY Samoyed ... | $0 | +0.00% | +0.00% | $0 | $0 257.98KSAMOY | ![]() ∞ | |||
76 | RATS RATS(BRC... | $0.00003699 | -4.82% | +0.40% | $0 | $3.73M 98.06BRATS | ![]() ∞ | |||
77 | TBK TBK toke... | $0.6454 | +0.43% | +1.43% | $0 | $51,324.01 79.59KTBK | ![]() ∞ | |||
78 | BUCKS Bucks Bu... | $0.0{6}7 | +0.00% | +0.00% | $0 | $0 0.00BUCKS | ![]() ∞ | |||
79 | BLU Blu | $0.0000124 | +0.00% | +0.00% | $0 | $0 0.00BLU | ![]() ∞ | |||
80 | MEMERUSH meme rus... | $0.00001 | +0.00% | +0.00% | $0 | $0 0.00MEMERUSH | ![]() ∞ | |||
81 | WARP Warplet | $0.00000257 | +0.00% | +0.00% | $0 | $0 0.00WARP | ![]() ∞ | |||
82 | STAMP Bitcoin ... | $0.00223 | +0.00% | +0.00% | $0 | $0 0.00STAMP | ![]() 100% | |||
83 | OASIS RZOASIS | $0.8162 | +0.00% | +0.00% | $0 | $0 0.00OASIS | ![]() ∞ | |||
84 | MIA Mia Ko | $0.000231 | +0.00% | +0.00% | $0 | $0 0.00MIA | ![]() ∞ | |||
85 | JOBCOIN buy inst... | $0.00356 | -15.24% | -16.83% | $0 | $218,252.6 65.06MJOBCOIN | ![]() ∞ | |||
86 | GRANDMA Minecraf... | $0.001113 | +0.00% | +0.00% | $0 | $0 0.00GRANDMA | ![]() ∞ | |||
87 | 死了么 死了么 | $0.0{6}8695 | +0.06% | -0.22% | $0 | $0 0.00死了么 | ![]() ∞ | |||
88 | ZUNO Official... | $0.00001116 | -34.59% | -23.04% | $0 | $0 1.00ZUNO | ![]() ∞ | |||
89 | KABOSU X Meme D... | $0.0{12}3473 | +0.00% | +0.00% | $0 | $0 0.00KABOSU | ![]() ∞ | |||
90 | CLAWDBASE clawd.at... | $0.00002213 | -3.20% | -15.51% | $0 | $2.3M 99.32BCLAWDBASE | ![]() ∞ | |||
91 | PIPPKIN Pippkin ... | $0.000384 | +0.00% | +0.00% | $0 | $0 0.00PIPPKIN | ![]() ∞ | |||
92 | PE PepeOrac... | $0.000688 | -45.79% | -90.83% | $0 | $552,006.3 640.69MPE | ![]() ∞ | |||
93 | 一夜爆富 一夜爆富 | $0.00035 | +19.04% | +0.00% | $0 | $50,275.3 40.89M一夜爆富 | ![]() ∞ | |||
94 | NIGHT Midnight | $0.03635 | -3.66% | -1.52% | $363.33M | $108,418.04 2.92MNIGHT | ![]() 100% | |||
95 | SPX SPX6900 | $0.3785 | -2.78% | +8.73% | $352.05M | $5.02M 13.14MSPX | ![]() 93.1% | |||
96 | CHONKY CHONKY | $0.0003892 | +0.00% | -9.36% | $194.6M | $2.32 5.95KCHONKY | ![]() 100% | |||
97 | KHAI Kitten H... | $0.0261 | +0.00% | +0.00% | $21,600 | $0 0.00KHAI | ![]() 100% | |||
98 | FARTCOIN Fartcoin | $0.1981 | -2.38% | -4% | $198.1M | $6.92M 34.62MFARTCOIN | ![]() 100% | |||
99 | SOON Joostin ... | $0.1943 | +6.36% | -0.74% | $193.14M | $3.11M 14.35MSOON | ![]() 100% | |||
100 | PIPPIN Pippin | $0.02863 | +13.29% | -0.18% | $28.63M | $11.11M 401.44MPIPPIN | ![]() 100% |
























$1.03M
$4.6M



$2.76M






