According to CoinMeta, based on early data from in, Binance’s MON / USDT perpetual contracts saw a 36-fold surge in trading volume within 10 minutes, with a near-24-hour trading volume of 21.45 million US dollars and a gain of 0.72%. A surge in trading volume usually indicates increased market activity or large-scale capital transactions, which may be triggered by certain important market changes or news announcements. Currently, Binance’s contracts rank first globally in the comprehensive ranking.