Current mainstream CEX and DEX funding rates show that the market has returned to neutrality, with a general bearish outlook on SOL.

According to BlockBeats news on September 12, data from Coinglass shows that after the rise from last night to this morning, the funding rates of mainstream CEXs and DEXs indicate that the market has returned to a neutral state, but there are many traders generally bearish on SOL, as shown in the figure below. BlockBeats Note: Funding rates are the rates set by cryptocurrency trading platforms to maintain the balance between contract prices and the prices of the underlying assets, usually applicable to Perptual Futures. It is a mechanism for capital exchange between long and short traders, and trading platforms do not charge this fee, which is used to adjust the costs or returns of traders holding contracts, keeping the contract prices close to the prices of the underlying assets. When the funding rate is 0.01%, it indicates the benchmark rate. When the funding rate is greater than 0.01%, it represents general bullishness in the market. When the funding rate is less than 0.005%, it represents general bearishness in the market.