Bitway (BTW) fluctuates 42.0% in 24 hours: DEX perpetual contract launch triggers surge in trading volume
Bitget Pulse2026/05/12 07:47Volatility Overview
In the past 24 hours, BTW price peaked at $0.0202 and hit a low of $0.014227. The current price is $0.014696, with an overall intraday amplitude reaching 42.0%. 24-hour trading volume stands at approximately $17.118 million, significantly higher than the usual level.
Brief Analysis of the Cause of the Abnormal Movement
- On May 11, 2026, at 14:51 (UTC), Aster DEX listed BTW perpetual contracts (3x leverage), offering 1.2x trading point rewards until May 18, directly boosting trading activity and price volatility.
- There are no evident large whale movements on-chain nor official announcements; the volatility mainly stems from short-term capital inflows driven by the listing event.
Market View and Outlook
The mainstream community sentiment is positive, ranking BTW as the 5th Top Gainer on May 11, with perp listing seen as a trading opportunity. In the short term, volatility may persist, and the points incentive until May 18 could maintain activity, but caution is advised due to low liquidity risks and potential rapid pullbacks.
Note: This analysis is automatically generated by AI based on public data and on-chain monitoring and is for informational reference only.Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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