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)