An An will go online tomorrow. The Composite Index U-based perpetual contract, this composite index is similar to the Nasdaq Index in U.S. stocks, not a specific token, but refers to:

The weighted average of the real-time prices of all perpetual contracts in the USDT-based perpetual contracts on Bian, excluding BTC, ETH, futures contracts, pre-market contracts, etc.!

In simple terms, if you think that all the altcoins in Bian's USDT-based perpetual contracts will rise more than they fall in the future, then go long.

If you think they will fall more than they rise, then go short.

Did I understand this correctly?

#all