More institutions getting into ETH could seriously hurt Solana’s price in the short term, says Derive head researcher @SeanNotShorn
“ETH’s recent resurgence appears to be draining both attention and liquidity from competing L1s, particularly Solana,” Dawson tells @Cointelegraph
🚨 ETH perps on @derivexyz are trading at a - 285% annualized funding rate and a $5.82 discount
(reference Binance).
This is one of the most extreme dislocations we’ve seen.
Why it’s happening — and how to arb it 🧵
Some great information around why we chose a sealed-bid token auction for $REAL. Transparency, and fairness are both critical when endeavouring to build a token ecosystem that will stand the test of time.
Looking forward to sharing more about $REAL, it's purpose, and how we are working closely with @TheNotoriousMMA to support his presidential campaign, and change making aspirations.