SAPIEN Surges Over 10% in the Past 4 Hours, Open Interest Crosses $18 Million

BlockBeats News, May 12th, according to HTX market data, the robot race project token SAPIEN briefly touched $0.139, with a 24-hour gain expanding to 26.2%, surging over 10% in the past 4 hours.

Currently, multiple mainstream exchanges have a high funding rate for the SAPIEN contract, with Binance's annualized funding rate exceeding 450%. According to Coinglass data, the total 24-hour trading volume of the SAPIEN contract has exceeded $72 million, with the current contract position size surpassing $18 million.