Are Perps and Leverage Creating Systemic Risk in Crypto Markets? Experts Weigh In
Yahoo Finance·2025-10-16 04:37
The biggest liquidation event in crypto history took place on Friday, with over $19 billion worth of positions getting rekt in just 24 hours, according to CoinGlass. In the days since, industry experts have undertaken a postmortem on the chaos—and the rise in leverage has been highlighted as a potential risk to the crypto market’s long-term health. The surge in popularity in Hyperliquid, a decentralized exchange that specializes in perpetual futures trading, has made leverage in crypto more accessible than ...