The PROMPT contract on the mainstream CEX is approaching the extreme negative fee rate, with the liquidation volume of the 1-hour contract surpassing that of Bitcoin.

BlockBeats News, April 12th, according to Coinglass data, the perpetual contract for PROMPT on major CEXs has approached the extreme negative funding rate, including:

Binance: -1.81%; HTX: -2%; Bitget: -2%; OKX: -1.14%

Currently, the total open interest for PROMPT contracts across all exchanges is $63.44 million. In the last hour, there have been liquidations of $4.55 million in PROMPT contracts, surpassing Bitcoin's $3.24 million and approaching Ethereum's $4.95 million liquidation amount.