Data: MERL spot price rises above $0.6, with futures approximately 48% higher than the spot price

according to Binance market data, this morning MERL spot surged past 0.6 USD, with an increase of over 40% in nearly 4 hours. Its contract funding rate is currently reported at -0.1939%.

At the same time, MERL is currently reported at 0.4044 USD on Binance contracts, with a futures premium of about 48% compared to the spot price.