Perpetual futures open interest rose 12.8% in the week of September 13–19
- —Perpetual open interest +12.8% across 15 venues from September 13–19
- —Total crypto futures OI fluctuates in the $68–140 billion range
- —DEXs account for 13–14% of open interest — about $23.9 billion
- —30-day perpetual DEX trading volume exceeded $593 billion
Why it matters: Rising leverage without new capital inflows increases the risk of cascading liquidations on a sharp price move.
Source: Crypto Briefing