{"id":238288,"date":"2026-10-11T22:18:40","date_gmt":"2026-10-11T22:18:40","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=238288"},"modified":"2026-10-11T22:18:40","modified_gmt":"2026-10-11T22:18:40","slug":"papertrades-wild-weekend-ends-with-93-7-open-interest-wipeout","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=238288","title":{"rendered":"Papertrade\u2019s Wild Weekend Ends With 93.7% Open Interest Wipeout"},"content":{"rendered":"<p>After a whirlwind of trading activity on Papertrade, the newly launched perpetuals decentralized exchange (DEX) built on Hyperliquid, the platform\u2019s open interest has collapsed by 93.7% over the past 24 hours. The project\u2019s total value locked (TVL) has also taken a substantial hit, shedding $48 million over the same period. Papertrade\u2019s $11 Billion Open Interest [\u2026]<\/p>","protected":false},"excerpt":{"rendered":"<p>After a whirlwind of trading activity on Papertrade, the newly launched perpetuals decentralized exchange (DEX) built on Hyperliquid, the platform\u2019s open interest has collapsed by 93.7% over the past 24 hours. The project\u2019s total value locked (TVL) has also taken a substantial hit, shedding $48 million over the same period. Papertrade\u2019s $11 Billion Open Interest [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":238289,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-238288","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-interesting"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/238288"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=238288"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/238288\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/238289"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=238288"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=238288"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=238288"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}