According to CoinMeta, based on early data from in, the trading volume of Binance’s AVAX / USDT perpetual contracts soared by 6 times within 10 minutes, with a total trading volume of $29.94 million in the past 24 hours and a decline of 0.16%. A surge in trading volume usually indicates increased market activity or large-scale capital transactions, which may be triggered by significant market changes or news announcements. Currently, Binance’s contracts rank first globally in the comprehensive ranking.