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DEX Platforms Flex $1.13T Onchain Action

Perpetual DEX Trading Volume Sees Slight Decline in November

  • Decentralized perpetual exchanges, or perp DEXes, recorded a trading volume of $1.2 trillion in October.
  • In November, the trading volume slightly decreased by $70 billion compared to October.
  • Despite the decline, November’s trading volume was still up by 71.7% compared to September.

The data highlights that while there was a slight dip in trading activity from October to November, decentralized perpetual exchanges continue to show robust performance with significant year-over-year growth.

November’s trading figure of $1.13 trillion underscores the ongoing strength and resilience of perp DEX platforms despite monthly fluctuations in volume. (Source)

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