Papertrade Margin Requirement Plunges 70% to $6.4M in 24 Hours Amid Trading Slowdown
According to BlockBeats, Papertrade, a synthetic perpetual protocol on HyperEVM, saw its margin requirement plummet from $20.29 million to $6.4 million over the past 24 hours on October 12, a decline of approximately 70%. The platform's open interest also contracted sharply from $3.3 billion to $510
GateNews·24m ago
