HomeAltcoinsSolana, Dogecoin Tokens Dip as Futures Suggests Bearish Sentiment

Solana, Dogecoin Tokens Dip as Futures Suggests Bearish Sentiment

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Solana, Dogecoin Tokens Dip as Futures Suggests Bearish Sentiment

Yields on a three-month rolling basis for futures hover over around 3.1% for both assets, which “is historically very low,” Glassnode said. Such yields are generated when there is mispricing between an asset’s spot and futures price. Traders go long on the underlying asset and short its, or a related asset’s, futures. The difference is pocketed.

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