Binance USD-M Perpetual Futures Market Sees Highest Trading Volume in BTC/USDT, ETH/USDT & SOL/USDT

Binance Futures data reveals that the BTC/USDT, ETH/USDT, and SOL/USDT trading pairs dominated the USD-M perpetual futures market in terms of trading volume over the past 24 hours. Notably, a high level of long and short positions is observed across these markets. The BTC/USDT contract’s long/short ratio stands at 2.04 with a funding rate of 0.0036%. For ETH/USDT, this ratio is at 2.94 with a funding rate of 0.0048%, while SOL/USDT demonstrates a strong performance with a long/short ratio of 3.12 and a funding rate of -0.0077%. Other pairs like XRP/USDT (long/short ratio of 2.46) and DOGE/USDT (2.50 long/short ratio) also saw significant trading activity.