After the 1011 flash crash, the open interest of Perp DEX plummeted from $26 billion to less than $14 billion.

PANews reported on October 15th that DefiLlama published a post on the X platform stating that, based on on-chain data indicators, after the crypto market flash crash on October 11th, open interest on the Perpetual Swap Decentralized Exchange (Perp DEX) plummeted from $26 billion to less than $14 billion. Last Friday, lending protocol fees exceeded $20 million, a record single-day high. Last week, decentralized exchange (DEX) weekly trading volume reached a new high of over $177 billion. Total lending volume on lending protocols fell below $50 billion for the first time since August.

Share to:

Author: PA一线

This content is for informational purposes only and does not constitute investment advice.

Follow PANews official accounts, navigate bull and bear markets together
Recommended Reading
1 hour ago
5 hour ago
7 hour ago
7 hour ago
8 hour ago
8 hour ago

Popular Articles

Industry News
Market Trends
Curated Readings

Curated Series

App内阅读