KAITO's contract funding rate has hit the maximum negative value on multiple CEXs, with a 24-hour price increase of 42.8%.

BlockBeats News, February 27th, according to Coinglass data, as of the time of writing, the price of KAITO is currently at $2.8, with a 42.8% increase in the past 24 hours. The total open interest of KAITO on the entire network is currently at $193 million, with a 24-hour increase of 59.46%.

Currently, the contract funding rate of KAITO on multiple mainstream CEXs has reached the maximum negative value, including Bitget (-1.5%), Gate (-2%), and HTX (-2%), among others. Other CEXs also have abnormally negative values, including Binance (-1.5872%) and OKX (-0.9%), among others.

In addition, the total trading volume of KAITO's contracts on the entire network in the past 24 hours has reached $5.651 billion, with a 213.38% increase in the last 24 hours. In the past 24 hours, the total contract liquidation of KAITO on the entire network was $15.56 million, with long liquidations at $5.32 million and short liquidations at $10.24 million.