Markets· ★★★· neutral·

Talos: RWA perpetual open interest hits $9B as BTC and ETH leverage shrinks

  • —BTC perpetual open interest fell by about $8 billion over the year
  • —ETH perpetual OI dropped $5 billion, other crypto assets lost $10 billion
  • —RWA-linked perpetual open interest rose to $9 billion, about 14% of the market
  • —A single day last October saw $19 billion in forced liquidations
Why it matters: Leverage is migrating from crypto to traditional assets, reshaping derivatives market structure and easing speculative pressure on BTC and ETH.
#BTC#ETH
Source: Blockmedia
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