Nunchi Partners with Based to Launch Yield Perps Derivatives
- Strategic Partnership: Nunchi's collaboration with Based launches the Yield Perps derivatives service, leveraging Hyperliquid's HIP-3 framework to enable real-time trading of derivative interest rates and staking yields, significantly enhancing capital liquidity and addressing traditional DeFi's liquidity constraints.
- Market Innovation: The Yield Perps service allows users to trade yield directionality without locking assets, with projections indicating that derivative trading volume could represent 15-20% of total DeFi volume within 18-24 months, reflecting the market's demand for more sophisticated financial instruments.
- Technical Architecture: The service operates through a sophisticated combination of smart contracts and oracle networks, creating synthetic representations of various yield sources, ensuring price convergence with underlying yield rates and enhancing trading precision for market participants.
- Compliance Design: The Nunchi-Based partnership launches Yield Perps within an evolving regulatory landscape, incorporating transparent on-chain settlement and non-custodial asset management to ensure user control and compliance with regulatory requirements.
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Technical Analysis for DEFI
Technical Sentiment Analysis for DeFi (DEFI) As of , DeFi (DEFI) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 5 technical signals, shows that 1 indicators are flashing buy, while 4 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for DEFI stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, DEFI is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
DeFi (DEFI) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.000197 | 0.000246 | 0.000294 | 0.000343 | 0.000391 | 0.00044 | 0.000488 |
| Fibonacci | 0.000246 | 0.000283 | 0.000306 | 0.000343 | 0.00038 | 0.000403 | 0.00044 |
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