1 min read
Add as a preferred source on GoogleDeFi Perpetual Open Interest Drops More Than $500 Million
The metric remained 12.7% above the previous month despite the one-day decline on Oct. 8.
DeFi perpetual open interest fell by more than $500 million on Oct. 8, while remaining 12.7% above the previous month.
Open interest measures the value of outstanding positions in perpetual contracts. The monthly figure remained higher even after the one-day decline.
Broader crypto-market signals remained mixed as the DeFi derivatives metric moved lower.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.