On November 1, according to data from Coinglass, the total open interest of ZEC futures contracts across the network is 1.63 million ZEC (approximately $713 million), a 25% increase in the past 24 hours. The spot trading volume of ZEC in the past 24 hours is $604 million, while the futures contract trading volume is $3.51 billion. Currently, the funding rates for ZEC on major trading platforms are mostly negative, with short positions dominating.