XPL Futures on Hyperliquid Experience $130 Million Liquidation Before Plasma Token Launch
The Hyperliquid exchange witnessed a dramatic decline in open interest for XPL futures as a price surge triggered mass liquidations.
Recent in
The Hyperliquid exchange witnessed a dramatic decline in open interest for XPL futures as a price surge triggered mass liquidations.
Plasma's new yield program on Binance successfully secured $250 million in deposits within just one hour, attracting substantial investor interest.
Plasma's recent cap increase to $1 billion was quickly reached as the community pushes for fair participation amidst rapid sellout concerns.
The successful token offering indicates a strong investor interest in stablecoins following a recent major IPO by Circle.
Plasma's blockchain aims to facilitate high-frequency global stablecoin transactions through an innovative consensus mechanism.
Plasma, a startup backed by Peter Thiel, has raised significant funding to develop a Bitcoin-based system for stablecoin transactions, aiming for zero-fee USDT transfers.
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