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TrendleFi Builds Attention-Based Perpetual Futures Market, Tops $1.4 Million in Private Beta Volume

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JH Kim

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TrendleFi has launched a perpetual futures market that lets users trade market attention around specific topics. Users can take long or short positions based on whether they expect interest in a given topic to rise or fall.

Cointelegraph reported on August 21 that the platform is built on Monad and uses the level of market attention a topic receives as the underlying trading metric.

Unlike traditional crypto derivatives, which are tied to price or volatility, TrendleFi is designed to let users trade online attention and narrative momentum through perpetual futures.

TrendleFi is currently operating in private beta. Cumulative trading volume has surpassed $1.4 million.

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JH Kim

JH Kim

reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.

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