When $GMT was launched yesterday, it was stated that it was only recommended to list spot prices. As expected, the market exploded last night, and copycats followed suit with a full correction.
In the bull market, spot is the way to go. If the contract makes even the slightest mistake, it will be blown up.
Don't look at today's comprehensive correction. The market is so flabby that it will go up soon. It is still bullish this month. A correction is an opportunity!