One major derivatives platform witnessed net outflows hitting $430 million during this week alone—marking the third largest weekly exodus in its history.

The concerning trend reflects intensifying market competition. Assets under management have retreated significantly from their September mid-month peak of $6.3 billion to roughly $4 billion today. That's roughly a third of peak value wiped out in just a few months.

Such sustained capital flight raises questions about user retention amid rising alternatives. Whether this represents natural market consolidation or signals deeper confidence issues remains a topic of active discussion within the trading community.