YB's trading contract activity is drawing attention as funding rates held steady at approximately 0.01% while the asset works through its monthly

↘20.53%

decline.

Trading activity shows mixed signals

Funding rates remained at approximately 0.01% (around 10.8% annual rate) while trading volume declined roughly

↘12.37%

over the past 24 hours, and market-wide short liquidations outpaced long liquidations by 1.5x.

Longer-term picture remains challenging

The asset declined roughly

↘20.53%

over the past month and roughly

↘94.38%

over the past year, trailing DeFi category peers by approximately

↘34.80%

monthly.

Supply structure shows dilution risk

Only 13.2% of maximum supply is currently circulating, with the fully diluted market cap standing at 7.6x the current market cap, indicating significant future dilution potential.