Papertrade's On-Chain Perps Exchange Pulls In $3B Bitcoin Open Interest Immediately After Launch

Papertrade's on-chain perpetuals exchange has attracted $3B in Bitcoin open interest shortly after launch, signaling a major shift in crypto derivatives trading.
This surge highlights growing appetite for leverage and risk exposure, which could affect market stability and liquidity as traders flock to the new platform, potentially reshaping trading dynamics across the ecosystem.
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