BARD Dropped Over 50% Today, Mainstream CEX Contracts Reached Extreme Negative Funding Rates

BARD-38,11%

Gate News reports that on March 18, according to Coinglass data, on March 19, the BARD contract on mainstream CEXs reached an extreme negative funding rate, with one CEX platform’s BARD contract hourly funding rate hitting -0.46%. According to market information from a CEX, BARD once dropped over 50% today, currently trading at $0.59, rebounding about 10% from the recent low of $0.54 in the past half hour.

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