Recently, $STEEM price has been so fluctuating. I wondered why the price volatility has increased. So, I checked $STEEM derivative markets on CoinMarketCap. I knew that $STEEM trading volume in derivative markets is much more than spot markets.
Anyways, it's not bad rather than before. A couple of years ago, most $STEEM trading volume had occurred in spot markets. I think lots of trading volume means the interest of market participants.
Recently, $STEEM was listed on Bitunix derivative market. I didn't know that the exchange focuses more on derivative markets. Anyways, it's a good news for $STEEM 🥳