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yurt
@tfv
According to DefiLlama's data, the trading volume of on chain derivatives has decreased for the third consecutive week, indicating that market risk appetite may have weakened. This week's trading volume was only $5.11 billion, expected to hit the lowest weekly trading volume since early 2023. The reasons for the decline in trading volume include the uncertainty of the US presidential election results, escalating tensions in the Middle East, and macroeconomic factors such as the expectation that the Federal Reserve may not cut interest rates next month. Nevertheless, the monthly average trading volume of the on chain derivatives market increased by 357% year-on-year in 2024, @seunghhh @erumoa
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