X @Wu Blockchain

TradFi Perpetual Open Interest Has Doubled Since May to Over $2 BillionAccording to CryptoQuant, open interest in traditional finance perpetual futures on crypto exchanges has more than doubled since May, surpassing $2 billion. Binance ranks first with roughly 35% of exchange open interest in both crypto and TradFi perpetual markets. The growth suggests crypto exchanges are increasingly becoming key venues for onchain, round-the-clock trading of traditional financial assets. ...