But the fee rate for this weekend's gold contract is really problematic...


Gold markets are closed on weekends, and the spot price used as a reference for the contract remains unchanged. Relying solely on the fee rate can't better anchor the price...
It also seems there’s no way to hedge against the fee rate?
And today is only Saturday; the spot reference price won't be available until early Monday... which means this high fee rate will persist until early Monday...
I don't have much experience, but based on intuition, with all these factors in place, is it likely that there will be some targeted liquidation activities against on-chain gold contracts this weekend?
Anyway, I won't participate...
PAXG4.67%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)