CEX and DEX funding rates remain neutral, and the market has not shown excessive enthusiasm.

[Coin World] On August 14, according to data from the data platform, the current funding rates of mainstream CEX and DEX show that the market bullish sentiment has not entered the overheating zone, with the funding rate of mainstream encryption asset contracts on CEX only maintaining a neutral base rate (0.01%).

Funding rates are the rates set by cryptocurrency trading platforms to maintain a balance between the contract price and the underlying asset price, usually applicable to perpetual contracts. It is a mechanism for the exchange of funds between long and short traders, and the trading platform does not charge this fee; it is used to adjust the cost or profit of the contracts held by traders, ensuring that the contract price remains close to the underlying asset price. When the funding rate is 0.01%, it indicates the benchmark rate. When the funding rate is greater than 0.01%, it represents a generally bullish market. When the funding rate is less than 0.005%, it indicates a generally bearish market.