Trade
Basic
Futures
Futures
Hundreds of contracts settled in USDT or BTC
Options
HOT
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Futures Kickoff
Get prepared for your futures trading
Futures Events
Participate in events to win generous rewards
Demo Trading
Use virtual funds to experience risk-free trading
Earn
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Launchpad
Be early to the next big token project
Alpha Points
NEW
Trade on-chain assets and enjoy airdrop rewards!
Futures Points
NEW
Earn futures points and claim airdrop rewards
Investment
Simple Earn
Earn interests with idle tokens
Auto-Invest
Auto-invest on a regular basis
Dual Investment
Buy low and sell high to take profits from price fluctuations
Soft Staking
Earn rewards with flexible staking
Crypto Loan
0 Fees
Pledge one crypto to borrow another
Lending Center
One-stop lending hub
VIP Wealth Hub
Customized wealth management empowers your assets growth
Private Wealth Management
Customized asset management to grow your digital assets
Quant Fund
Top asset management team helps you profit without hassle
Staking
Stake cryptos to earn in PoS products
Smart Leverage
NEW
No forced liquidation before maturity, worry-free leveraged gains
GUSD Minting
Use USDT/USDC to mint GUSD for treasury-level yields
More
#ContentStar #HotTopicDiscussion #Gate post Highlights #HotColumn #StarGrowthProgram Weekend Trading Volume Surges in Possible Friend.tech Exodus
Over the weekend, the total trading volume on Friend.tech exceeded $10 million, the highest for several weeks.
However, industry analyst Colin Wu said, “This may be exit behavior.”
Ethereum is being withdrawn from the platform as keys are being redeemed at a faster rate than they are being minted, according to Dune Analytics.
Friend.tech ETH Exodus
More than 5,000 ETH was withdrawn from the platform in the two days over the weekend. It is the largest withdrawal since October 24, when 4,380 ETH was taken off in a single day.
Moreover, Friend.tech total value locked fell 21% over the weekend to 17,100 ETH, or $33.6 million.Since its peak of around $50 million in early October, Friend.tech TVL has tanked by around 34%.
Additionally, there has been virtually no increase in the number of new users since late October. According to Dune, the platform has a total cumulative user figure of 839,190, but activity has fallen back overall.
Moreover, the platform has been plagued with scams as malicious actors target its users through phishing and SIM-swap attacks.
Over the weekend, the team reported that they had identified and removed 600,000 accounts identified as bots. However, it appears that genuine users have also been locked out.