Perpetual Protocol crosses $500K open interest cap amid BTC all-time high

Perpetual Protocol, a new DeFi derivatives exchange, revealed that the platform had already crossed its $500,000 open interest (OI) cap for decentralized perpetual contracts. The announcement is coming less than 24 hours after the mainnet launch of the service on Wednesday. Following the achievement, the project has decided to double its OI limit to $1 million as […]