Crypto Derivatives Risk Index Remains High at 62

According to Foresight News, CoinGlass data indicates that the crypto derivatives risk index stands at 62 today, maintaining its position within the 'high risk' category, as it was yesterday at 61. The CoinGlass crypto derivatives risk index (CDRI) is developed by the Coinglass research team to measure the intensity of risk in the crypto derivatives market. It quantifies the current market's leverage usage, trading sentiment, and systemic liquidation risk. The CDRI is a standardized risk scoring model ranging from 0 to 100, with higher values indicating a market closer to an overheated or vulnerable state.