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      Papertrade’s Wild Weekend Ends With 93.7% Open Interest Wipeout

      After a whirlwind of trading activity on Papertrade, the newly launched perpetuals decentralized exchange (DEX) built on Hyperliquid, the platform’s open interest has collapsed by 93.7% over the past 24 hours. The project’s total value locked (TVL) has also taken a substantial hit, shedding $48 million over the same period. Papertrade’s $11 Billion Open Interest […]

      Source: Bitcoin News
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      Terra Founder Do Kwon Sentenced to 15 Years in Prison for Fraud