Data: Today's crypto derivatives risk index is 56, still in the "neutral volatility" range

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According to CoinGlass data, the crypto derivatives risk index is 56 today (60 yesterday, "neutral volatility"), still within the "neutral volatility" range.

CoinGlass's Crypto Derivatives Risk Index (CDRI) is a risk intensity indicator for the crypto derivatives market compiled by the CoinGlass research team, used to quantify the current market's leverage usage, trading sentiment heat, and systemic liquidation risk. CDRI is a standardized risk scoring model ranging from 0-100, with higher values indicating that the market is closer to an overheated or fragile state.

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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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