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The total value locked in the ZORA contract has surpassed $100 million, with the 24-hour liquidation volume ranking third only to BTC and ETH.

BlockBeats News, July 27th, according to Coinglass data, the perpetual contracts for ZORA on mainstream CEXs have all switched to negative funding rates, with Binance at -0.27%, and the long/short ratio calculated by position size for whales at 0.9826.


According to HTX market information, ZORA is currently trading at $0.074, with a 24-hour price increase of 60.2%. The total trading volume of ZORA contracts on the entire network in the past 24 hours is reported to be $2.21 billion, with a 24-hour increase of 397%. The total open interest of contracts on the entire network has reached $106 million, with a 24-hour increase of 196%. In the past 24 hours, there have been $7 million worth of liquidations in ZORA contracts, with short liquidations accounting for $6.75 million, ranking only behind BTC and ETH in terms of liquidation amount.

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After Jesse and Toly's argument, Zora hit an all-time high
In the past few months, Zora has gradually transformed from a "ZORA ball mint chain" to a "literary hype chain", which has become more obvious after the Base ecosystem meme craze started.
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