Infinex's current rally deserves a closer look: $INX 24 hours up over 19%, with open interest increasing by 34.9%, indicating that it’s not just a short-term spike on the spot market; leveraged funds are also ramping up their participation.
There are three main driving factors: the launch of the spot order book provides a more direct trading scenario; the Hyperliquid ecosystem interaction boosts market attention; and market maker revenues continue to rise, enhancing expectations for the protocol's commercialization capabilities.
Current price is about $0.00779, with a 24-hour trading volume of $3.89 million and a market cap of around $15.54 million. A strong short-term trend is already visible, but the rapid increase in open interest also means volatility might amplify, so it’s crucial to watch for support on pullbacks and whether the trading volume can sustain before chasing the pump. #Infinex #加密市场 #MarketWatch
There are three main driving factors: the launch of the spot order book provides a more direct trading scenario; the Hyperliquid ecosystem interaction boosts market attention; and market maker revenues continue to rise, enhancing expectations for the protocol's commercialization capabilities.
Current price is about $0.00779, with a 24-hour trading volume of $3.89 million and a market cap of around $15.54 million. A strong short-term trend is already visible, but the rapid increase in open interest also means volatility might amplify, so it’s crucial to watch for support on pullbacks and whether the trading volume can sustain before chasing the pump. #Infinex #加密市场 #MarketWatch