top of page

AAVE derivatives volume surges after short trades spiked

AAVE derivatives registered around 50% surge in derivatives trading volume at the beginning of the week, an increase that reached more than 100% early Monday in Asia, due to a sharp increase in short trades. Open interest has also experienced a significant increase, with the price indicating a strong performance in the last seven-day period. The trading volume of AAVE derivatives surged by over 100% between Sunday and Monday due to a major increase in short trades. In the last 24 hours, long positions faced liquidations of close to $60,000, while short positions had significantly higher liquidations of $770,000. The liquidity protocol experienced a 6% increase in the price of its native token.

Check out the hashd app. It gives you important crypto news and updates in short, simple and easy to read slides. Amazing!


bottom of page