BlockBeats News, January 23rd, according to Hyperinsight monitoring, in the past 24 hours, the gold token PAXG contract's trading volume on Hyperliquid reached $17.05 million, ranking ninth on the platform, higher than FARTCOIN, AAVE, and BNB, with a contract position size of $71.99 million and a funding rate currently at -0.0023%.
During a market-wide downturn, the funding rate is usually negative—shorts must pay fees to longs.
