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Arkham: About $50M of open YFI positions on dYdX were liquidated

Arkham: About $50M of open YFI positions on dYdX were liquidated

CointimeCointime2023/11/18 12:06
By:Cointime

Arkham stated that YFI has dropped nearly 40% recently, and about $50 million of open positions on dYdX have been closed. Prior to this, nearly half of YFI's open positions were on dYdX.

Arkham also added that usually YFI's trading volume on dYdX is very low, but the recent rise in the token's price has led to a peak of about $60 million in open contracts.

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