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Glossary

Basis

The gap between a futures price and the spot price.

A positive basis lets a trader buy spot, sell the future and lock the difference to expiry. The size of that spread is a direct read on leverage demand, and it compresses when that demand fades.

Related terms

Decentralised Exchange, Automated Market Maker, Liquidation, Market Capitalisation, Fully Diluted Valuation

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Market data by CoinGecko