Hyperliquid reportedly led $10B in liquidations as crypto markets whipsawed, intensifying scrutiny of exchange risk controls and fueling calls for regulators to examine trading venues’ practices.
21Shares launches a dYdX ETP, offering institutional investors regulated exposure to crypto derivatives as demand for sophisticated trading instruments surges across global markets.
Ether, Dogecoin and Bitcoin plunged, triggering roughly $900M in liquidations of bullish derivatives. Sudden volatility forced margin calls and erased leveraged positions, roiling crypto markets.