NXPC Contract Funding Rate Hits 2% on Binance Amid Market Surge to $632 Million

On May 15th, according to COINOTAG, the funding rate for the NXPC contract on the Binance exchange has surged to 2%, reflecting heightened market activity. This adjustment comes with a settlement period of four hours, indicating a more dynamic trading environment for investors.

The current spot price of NXPC rests at $3.54, showcasing a positive trajectory as its overall market capitalization has escalated to $632 million. This considerable market value underscores the growing interest among traders and investors in cryptocurrencies, particularly in the context of evolving market conditions.