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Web3 Unicorn
2025-10-11 13:50
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According to TechFlow on October 11th, @BroLeonAus summarized that the recent cryptocurrency market volatility has put many perpetual swap trading platforms under severe pressure. @Lighter_xyz experienced the most severe issues, with orders unable to be placed and withdrawals blocked, resulting in a 10% loss on its LLP account. @Backpack experienced order lags and position anomalies. The @Aster_DEX website crashed, and the @edgeX_exchange treasury yielded only 0.48%. Another standout was @HyperliquidX, which maintained stability amidst market fluctuations. Its HLP treasury generated $40 million in a single day, with user investment returns exceeding 10%. Despite their smaller scale, @tradeparadex and @extendedapp also saw treasury returns exceeding 10%.
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