What is perpetual premium index?

The index price is the average spot price of the underlying asset across multiple exchanges. … The interest rate is typically constant and will depend on the assets that the perpetual derives its value from. The premium component is used to quantify the deviation between perpetual price and the mark price .

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What is premium in Binance?

Binance Options offers access to high leverage with no liquidation risks. It also offers limited downside risk as the maximum loss of option buyers is the option premium. Users can use it to speculate on short-term price movements or help reduce risk exposure in underlying assets.

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Why is Dogecoin down?

The cryptocurrency was down 5.7% over the previous 24-hour period as of 11:45 a.m. ET. With Bitcoin and Ethereum roughly flat over the previous day of trading and the broader cryptocurrency market looking uncharacteristically stable, Dogecoin’s sell-off likely stems from investors taking profits after recent gains .

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