KORU gift, down 27.95% in 24 hours... separate from ETF closing price

KORUUSDT perpetual futures on Binance fell 27.95% over 24 hours to 7.89 USDT as of 00:35 on the 6th, according to Finderside's futures quote screen, extending a 19.74% drop to 9.27 USDT logged at 20:15 on the 5th. The contract tracks KORU, a US-listed ETF that follows the daily return of a Korean stock index, and its price is separate from the ETF's closing price. The two decline figures cover different rolling 24-hour windows and cannot be combined into a single cumulative loss. Blockchain.News cited 9.42 USDT and a 15.97% drop in its own analysis, though its observation time and raw data were not fully specified. The gap between the futures price and the underlying ETF close is the key focus, with traders watching whether the perpetual converges toward the ETF's official closing level.