Thoughts and Expectations on @MagicNewton's Pre-Trade on Binance Futures:

$newt is the first to engage in pre-trading on the Binance futures market. When formulating trading expectations, the question I pondered was:

How is the mark price confirmed in pre-trade futures?

The formula for the mark price during the pre-trade period of perpetual futures contracts is as follows:

Mark Price = Average of the trading prices over the past 10 seconds, calculated once every second.

Therefore, the mark price is confirmed based on the buy and sell orders in the order book.

Once it officially transitions to the standard perpetual, the market price and contract price will be taken as the median.

Thus, if you are a market maker and have not disclosed the tokenomics making it impossible to calculate the valuation, you can adjust at the opening to ensure maximum benefit.

And my choice of benefit will lean towards the side with fewer participants.

I went long at 0.23, with the specific details as follows.

Also, $huma is a good coin; you all should buy more, I've already been reduced a lot by ADL.