Odaily星球日报讯 Coinglass 数据显示，过去 24 小时全网爆仓 1.57 亿美元，其中空单爆仓 1.01 亿美元，多单爆仓 5572.74 万美元。

过去24小时全网爆仓1.57亿美元，主爆空单

Odaily Odaily that Coinglass data showed that in the past 24 hours, the entire network had a liquidation of 157 million US dollars, of which short positions were liquidated for 101 million US dollars and long positions were liquidated for 55.7274 million US dollars.

In the past 24 hours, the entire network liquidated 157 million U.S. dollars, with the main liquidation of short orders.

Odaily data shows that the notional value of outstanding BTC options positions across the network today is $23.654 billion, and the notional value of outstanding ETH options positions is $6.76 billion.

The total open interest of BTC options is $23.654 billion, and the open interest of ETH options is $6.76 billion.

Author: Darshan Gandhi, Founder of FutureX Labs; Translated by Jinse Finance xiaozou

1. Foreword
In recent years, many Web3 startups have been working hard to expand their scale while maintaining a stable user base. Although the initial focus of the promotion was on the decentralized nature, the core challenge is still how to establish a sustainable long-term business model in competitive fields such as gaming, entertainment, social media, and DeFi.

Understanding the underlying economics - such as whether the FDV is low or high, and the market capitalization - will become increasingly important.

Inventory of crypto projects that really make money

The cryptocurrency market suggests that the Altcoin season is about to arrive. Unfortunately, we are not there yet.

As with most things in this industry, there is almost no universally agreed upon formal definition.

Does a Bitcoin bear market begin when it retraces more than 20% from a local top, as in traditional finance? Clearly not.

Are protocols "decentralized" because they have governance tokens? If that were the case, project teams would not feel that everything is "so difficult".

Since the beginning of this month, the total cryptocurrency market capitalization has risen by nearly 20%, growing over $360 billion, reaching $23.5 billion...