Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Launchpad
Be early to the next big token project
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Just by casually browsing on-chain data, you'll understand. The top address holding ratio of a certain popular token has already reached 79%. What does this mean? Simply put, a large amount of chips are locked in the hands of the market makers. Easy to enter, difficult to exit — a situation of only entering but not leaving.
Put yourself in their shoes — if you are a market maker and have so many chips on your books, the only way to cash out and profit is through a washout. By high selling and low buying, creating panic, shaking out retail investors' chips, and then gradually pushing the price up. This logic is all too familiar in the crypto world.
But here’s the interesting part — these tokens often come with a strong background. Once they have such IP backing, market expectations for them are different. Therefore, in the long run, these projects are more likely to be carefully crafted by capital. Washout is just a process; the ultimate goal is still to push the price up.