According to Coinbase International Exchange (@CoinbaseIntExch), the WCT-PERP, KERNEL-PERP, BABY-PERP, and PROMPT-PERP markets will enter a halt mode on Coinbase International Exchange and Coinbase Advanced. During this halt, users can post and cancel limit orders, but no trades will be matched. The halt will last for a minimum of one minute, impacting short-term trading strategies. Traders should adjust their strategies accordingly and monitor for updates.

According to @MilkRoadDaily, Hyperliquid led the onchain perpetual markets with a 58% share in March. This dominance indicates significant trader confidence and liquidity in the platform, which is crucial for trading price movements rather than the underlying asset itself.

According to Miles Deutscher, Bitcoin weekly liquidations have reached their highest level since the peak of the last cycle in 2021, with over $670 million worth of BTC liquidated in perpetual markets this week.