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Cardboardtrade Averages About $1 Billion in Daily Perpetuals Trading

Its cumulative trading volume is about $4.4 billion, and cumulative liquidations have exceeded $564 million.

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Three metal coins balance on a sharply tilted platform. / TokenPost.ai
Three metal coins balance on a sharply tilted platform. / TokenPost.ai

Cardboardtrade is averaging about $1 billion in daily trading on its Solana-based perpetual contracts platform, while cumulative volume on the venue has reached roughly $4.4 billion.

The platform offers markets for Bitcoin (BTC), Ether (ETH) and Solana (SOL), with leverage of up to 1,000x. Cumulative liquidations have exceeded $564 million.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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