The October 10 crash triggered a historic flush-out in the perpetual market, with global open interest falling −40% to date.
Among the top assets by global perpetual OI since 10/10, the largest contractions were seen in DOGE (−69.1%), XRP (−62.9%), and SOL (−55.0%). ETH (−41.0%) and BTC (−34%) also posted significant drawdowns, while HYPE (−21.1%) saw the smallest decline.
ZEC stands as the only outlier, as OI rose by +215% and market share expanded from 0.28% to 1.38%
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