The daily trading volume of the Solana ecosystem perpetual contract protocol Cardboardtrade reaches 1 billion USD, with a cumulative liquidation amount exceeding 564 million USD
SolanaFloor posted on platform X that Cardboardtrade, regarded as the Solana version of Papertrade's perpetual contract protocol, currently has an average daily trading volume of approximately 1 billion dollars. It is reported that the platform offers up to 1000x leverage trading for BTC, ETH, and SOL, with a total liquidation amount exceeding 564 million dollars and an open interest (OI) reaching 38 million dollars.A data screenshot provided by SolanaFloor shows that the total trading volume of the protocol is approximately 4.4 billion dollars.
