Perp DEXs almost triple volume in 2025 as onchain derivatives mature

3 hours ago

Perpetuals decentralized exchanges are closing 202

Perp DEXs almost triple volume in 2025 as onchain derivatives mature

Perp DEXs almost triple volume in 2025 as onchain derivatives mature

Perpetuals decentralized exchanges are closing 2025 with cumulative trading volume reaching $12.09 trillion, up from $4.1 trillion at the start of the year. 

Perpetuals DEX volume in 2025. Source: DefiLlama
Hyperliquid’s perpetuals trading volume for 2025. Source: DefiLlama

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