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CoinDesk 20 Performance Update: DOT Falls 5.1% as Index Declines From Thursday
Litecoin joined Polkadot as an underperformer, falling 3.8%.
Updated Dec 9, 2024, 2:40 p.m. Published Dec 6, 2024, 2:26 p.m.
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.
The CoinDesk 20 is currently trading at 3830.63, down 0.2% (-7.76) since 4 p.m. ET on Thursday.
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Six of 20 assets are trading higher.
Leaders: UNI (+7.7%) and RENDER (+5.8%).
Laggards: DOT (-5.1%) and LTC (-3.8%).
The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally.
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Solana CME Futures Fell Short of BTC and ETH Debuts, but There's a Catch
When adjusted for asset market capitalization SOL's relative futures volume looks better, K33 Research noted.
Cosa sapere:
- Solana's SOL futures began trading on the Chicago Mercantile Exchange (CME) on Monday, with a notional daily volume of $12.3 million and $7.8 million in open interest, significantly lower than the debuts of bitcoin (BTC) and ether (ETH) futures.
- Despite the seemingly lackluster debut, when adjusted to market value, SOL's first-day figures are more in line with BTC's and ETH's, according to K33 Research.
- Despite the bearish market conditions, the launch of CME SOL futures offers new ways for institutions to manage their exposure to the token, said Joshua Lim of FalconX.
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