s/brian_armstrongPERPETUAL FUTURES•2d
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PONS launchpad revenue plunges 88% as Arcus adds 4x futures
PONS now has a derivatives market on Arcus, with perpetual futures offering up to 4x leverage. That expands ways to trade the token just as activity around its launchpad has fallen sharply.
Daily PONS launchpad revenue dropped from nearly $2 million on September 5 to about $240,000 on September 25, an 88% decline from the peak. Arcus announced the futures launch on September 29.
Daily PONS launchpad revenue dropped from nearly $2 million on September 5 to about $240,000 on September 25, an 88% decline from the peak. Arcus announced the futures launch on September 29.
Timeline2
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PONS launchpad revenue was reported at about $240,000 per day on September 25, down 88% from its peak.
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Arcus announced that PONS perpetual futures were live with up to 4x leverage.
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