This week, the Shanzhai collectively shut down, but TON rose against the trend, rising to a high of $8.33 yesterday, and has soared 34.50% so far this month.

As the Toncoin market price continues to rise, its futures open interest (OI) has also risen sharply. Notably, the contract has risen from a local low of $192.25 million two days ago to $239.38 million on June 14.  

Despite this, TON's funding rate is negative -0.22% per week and has been below zero since June 12. During the same period, TON's spot price soared by about 18.50%.

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