DeFi Perpetual Open Interest Plunges by $500M in Significant Drop
Key Highlights: DeFi perpetual open interest plunged by more than $500 million in a single day, according to data from DefiLlama. Despite the steep single-day pullback, perpetual open interest remains up 12.7% month-over-month. The reduction comes amid selling pressure and mixed signals across the broader cryptocurrency market. Sharp Contraction Hits Decentralized Derivatives DeFi perpetual open ...