Bitcoin.com
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 hi