Papertrade’s open interest fell to $1.3 billion, down about 60% from $3.3 billion 12 hours earlier. According to NS3.AI, the platform has been live for 24 hours after launching at 22:00 UTC+8 yesterday.

Cumulative notional trading volume has exceeded $678 billion, while total value locked stands at $77.8 million. Margin for all existing positions totals $14.34 million, down about 30% from $20.29 million 12 hours earlier.