DeFi Perpetual Open Interest Drops $500M in a Day
- —DeFi perpetual open interest shed over $500 million in a day
- —The figure is still up 12.7% month-over-month
- —The drop came amid broad selling pressure across crypto markets
Why it matters: The sharp decline signals fading risk appetite in DeFi derivatives, though the monthly trend remains positive for now.
Source: Coinfomania