CoinMeta Data: Recently, the trading volume of Binance’s PENGU / USDT perpetual contracts soared by 19 times within 10 minutes, with a total trading volume of $26.87 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 buying and selling operations by funds, which may be triggered by some important market changes or news announcements. According to media reports and data, Binance’s contract rankings have reached first place globally.