According to Mars Finance, the Chinese decentralized futures trading platform Sun Wukong has recently added STRK and ORDI USDT margin contracts, supporting up to 20x leverage, further expanding the platform's coverage of derivatives in popular assets. On-chain analysis platform Lookonchain data shows that in the past week, the on-chain decentralized futures trading volume on the TRON chain has surpassed 2.59 billion USD, an increase of 166.69% compared to the previous period, reaching a new peak. Analysts believe that the recent rapid switching of sentiment in the crypto market and drastic price fluctuations have driven traders' demand for hedging and arbitrage, leading to a rapid heating up of the decentralized derivatives market.
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