Pyth Network 🔮 (@PythNetwork): Perps use a mechanism called the funding rate to keep their price close to spot.
Estimated coin impact
Scores are not price-change percentages. High impact means a score of +70 or more, or -70 or less.
Impact unavailable
Perps use a mechanism called the funding rate to keep their price close to spot. When perp prices drift too high or low, traders on the other side of the trade get paid to balance it out. It’s a tug-of-war that helps keep things aligned.