On March 21, $BNB 3, according to Coinglass data, the ORCA contracts on mainstream CEX have reached extreme negative fee rates, among which:

Binance: -2%; Gate.io: -2%; Bybit: -2%; Bitget: -1.5%;

Currently, the 24-hour trading volume of ORCA contracts across the network is reported to be $314 million, with a 24-hour increase of 7578%. The total contract open interest across the network has reached $50.94 million. In the last 4 hours, ORCA contracts faced liquidations of $4.48 million, surpassing Bitcoin's $3.58 million and Ethereum's $1.93 million liquidation amounts.