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#DeFi perpetuals

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Papertrade Keeps PAPER Non-Transferable Over Perp Attack Risks
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Papertrade Keeps PAPER Non-Transferable Over Perp Attack Risks

Key Highlights: Papertrade is adjusting its token rollout and issuance model due to risks posed by external PAPER short positions against its liquidity pool bankroll. Third-party platforms Aster and MNX have already introduced pre-launch perpetuals and pre-market futures for PAPER, offering up to 3x leverage despite ongoing transfer restrictions. A planned contract upgrade will dilute ...

DeFi Perpetual Open Interest Plunges by $500M in Significant Drop
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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 ...