US EditionPerpetual DEX Monthly Trading Volume Passes Trillion-Dollar Milestone
9 Articles
9 Articles
Perpetual DEX Monthly Trading Volume Passes Trillion-Dollar Milestone
September was a milestone month for perpetual decentralized exchanges (DEXes) as monthly trading volume surpassed $1 trillion for the first time in history. Data from DeFiLlama shows that perpetual DEXes recorded $1.14 trillion in trading volume, marking a 50% increase from the month prior, led by Hyperliquid and its fast-growing rival Aster. In the last week alone, Aster recorded $415 billion in perpetual volume, eclipsing Hyperliquid’s $70 bil…
3 Underrated DEX Altcoins Whales Are Quietly Buying For October
The post 3 Underrated DEX Altcoins Whales Are Quietly Buying For October appeared on BitcoinEthereumNews.com. The October market has recorded a series of remarkable milestones in the Perp DEX sector. Several altcoins from Perp DEX platforms, including Hyperliquid (HYPE), Aster (ASTER), and Avantis (AVNT), have posted strong gains. If this trend persists, capital may continue to rotate into smaller-cap altcoins. On-chain data shows that a few low…
Hyperliquid Still Best-Positioned Perp DEX Despite Aster’s Surge, DeFi Analyst Says
A new thesis from DeFi analyst Patrick Scott argues that despite losing market share to rivals, Hyperliquid remains the most investable decentralized exchange for perpetual futures. Perp DEX market in flux Perpetual futures — or perps — are crypto derivatives that allow traders to speculate on prices without an expiry date. The decentralized platforms that... The post Hyperliquid Still Best-Positioned Perp DEX Despite Aster’s Surge, DeFi Analyst…
Key news points: The DEX of perpetual futures surpassed the trillionth month by reaching $1,226B in September, 48% more than in August. Aster was the leader with $493.61B and almost half the market, followed by Hyperliquid with more than $280B and Lighter DEX with $164.4B in its private beta. Aster generated $121M in commissions in a single week, surpassing Circle and remaining close to Tether, while Hyperliquid added $23 million. Decentralized …
Analyst Predicts Which Crypto Will Win Perp DEX War
Altcoin markets are bearing witness to a Perp DEX war, as the big guns battle for supremacy Perp DEX protocols just cleared a $1Tn month, and one analyst says the near-term winners are lining up. Perpetual trading on decentralized exchanges just crossed a milestone: more than $1Tn in a single month. The surge highlights how fast on-chain derivatives are gaining ground, with traders now weighing which platforms could take the lead. The Block’s l…
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