Tag
perpetuals
17 articles
Ondo Launches OpenAI Pre-IPO Perpetual With 3x Use, Bars U.S. Traders
The derivative contract features independent pricing and hourly funding rates, distinguishing it from Ondo's spot OPAIPon note.

Machi Liquidated After $12.2M Gain, Wallet Falls to $21.8K
The on-chain trader grew $56,000 to $12.25 million over four months before a single adverse market move triggered a full liquidation on a perps DEX.

Papertrade's $5M House Pool Funds Staker Rewards Without Payout Backlog
The 1000x-leverage venue disclosed its house pool held $5 million with no queued payout debt, meaning trading losses directly fund PAPER staker rewards.
Machi's Account Value Dips Below $1M as $8.44M Loss Hits ETH Long
On-chain trader faces liquidation price of $2,431.59 on 9,950 ETH long currently worth $24.68 million

Hyperliquid Trader Returns With $16.58M Bitcoin Long at 40x Use
A user with a history of 33 liquidations totaling $37.64 million deposited $499,000 USDC to open a 200 BTC position on the on-chain perpetuals platform.

Ethena's Young: RWA Perps Could Eclipse Crypto Futures Volume
Guy Young outlined a $150 trillion on-chain opportunity as tokenized real-world assets challenge crypto-native derivatives for dominance on decentralized exchanges.
Binance Commands SAND Perpetuals With $240M Open Interest
Binance dominates SanDisk derivatives trading with $41 billion in 30-day volume and $10.9 million in market depth, locking out competitors.
On-Chain Options Protocols Surge as Yield Demand Shifts
Quarterly premium volume hit an all-time high as DeFi builders address past liquidity fragmentation, with options-linked tokens DRV and SYN posting strong gains.

Aster DEX Token Gains 3.85% on Trading Competition, Staking Push
ASTER rose on the back of a new perpetual trading competition offering $10,000 in rewards and an active staking epoch, though the move tracks the broader altcoin rally.
ETH Whale Flow on Hyperliquid Splits: $91M Long vs. $1.21M Short in 24 Hours
Hyperbot data shows 10 of 11 new whale positions over $1M are long ETH, with the largest single bet a 25,000 ETH long worth roughly $47.93M.
$23M of 0x8c96's $117M Bitcoin Short Liquidated as BTC Clears $65K
On-chain data shows 360 BTC wiped from the position; the remaining 1,440 BTC short faces a liquidation trigger at $65,041.72.
牛来 Jumps 147% After Aster DEX Perps Listing, Volume Hits $73.7M
The meme token's 24-hour trading volume on Aster DEX reached $4.47M on listing day as the broader 牛来 market printed $73.7M in volume.
Wintermute CEO: KYC Would Make Hyperliquid Just Another Exchange
Evgeny Gaevoy named regulation and throughput as Hyperliquid's two biggest long-term risks in an Aug. 11 interview, as the platform pursues a U.S. regulatory pathway.
Hyperliquid's Spot Build-Out Targets AI Agent Liquidity as Perp Dominance Holds
With $8B+ in open interest and zero gas fees, Hyperliquid is the leading candidate for autonomous AI agent liquidity—if its spot layer can match its perp depth.
Flash Trade to Wind Down Solana Perp DEX Without a Buyer
The team cited shrinking market conditions and strategic direction, not financials; proceeds from any sale would be distributed pro rata to FAF token holders.
Trade.xyz to Cover Liquidation Losses on SK Hynix Perp After Price Feed Anomaly
The on-chain perpetuals operator will reimburse eligible traders after an external price feed caused the SKHYNIX contract's mark price to fall nearly 19 percent on Hyperliquid.
Dango Perp DEX Halts Trading July 29, Shuts Down Layer-1 Chain
The perpetuals exchange cited no viable commercial path, with trading stopping July 29 and its chain going dark Aug. 13.