According to Foresight News, data from CoinGlass indicates that the crypto derivatives risk index stands at 63 today, slightly down from 65 yesterday, yet still within the 'high risk' category.
The CoinGlass Crypto Derivatives Risk Index (CDRI) is developed by the CoinGlass research team to measure the intensity of risk in the crypto derivatives market. It quantifies the current market's leverage usage, trading sentiment, and systemic liquidation risk. The CDRI is a standardized risk scoring model ranging from 0 to 100, with higher values indicating a market approaching an overheated or vulnerable state.