DeFi Chaos Unleashed: Record Volumes & Half-Price Open Interest – Who Said Finance Was Boring? 🤡🚀
So, what happened? Well, in a matter of hours, those plucky traders saw their perpetual DEX positions plummet from a hefty $26 billion to less than $14 billion. That’s less than the number of diets people start on Mondays, am I right? Meanwhile, the platform tire-spinning fees? Skyrocketed past $20 million – enough to buy a small island if you’re into that sort of thing. And trading volume? An astronomical $177 billion in just one week. No big deal, just the usual Tuesday, folks.


