Absolute banger from @0xMether TL;DR - the sUSDe term structure is a forward looking indicator about market regimes (i.e, price of BTC and risk appetite). Backwardation = market expects lower funding rates (bearish). Contango = market expects higher funding rates (bullish). twitter.com/MikeIppolito_/stat...
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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