Binance USD-M Perpetual Futures Market Boasts High Trading Volume for Bitcoin, Ethereum, and Solana Derivatives

Data from Binance Futures reveals a surge in trading volume across various USD-M perpetual futures markets over the past 24 hours. The most active pairings included BTC/USDT, ETH/USDT, SOL/USDT, XRP/USDT, and DOGE/USDT, showcasing significant activity for these cryptocurrency derivatives. The long/short ratio for each pairing reflects a current market sentiment: BTC/USDT at 0.89, ETH/USDT at 1.94, SOL/USDT at 2.13, XRP/USDT at 1.85, and DOGE/USDT at 2.03. Funding rates also indicate prevailing market dynamics, with all pairings experiencing varying levels of activity.