The share of perp-DEX grew to 12%
🗣️ The share of decentralized platforms for perpetual futures (perp-DEX) increased from 0.11% in January 2023 to 12.33% in September 2026, according to Castle Labs.
📊 The peak came in December 2025 — 14.25%, and the segment’s monthly trading volume reached a record $1.36T in October of that year.
✍️ One of the growth drivers was tokenized real-world assets (RWA). In July, their share reached 19.6% of perp-DEX trading volume.
📊 Hyperliquid remains the leader by open interest — 56.8% of the total. Next are Aster (9.7%), Variational (6.2%), Lighter (5.7%), and edgeX (4.2%).
🔜 After Hyperliquid launched, there have already been more than 261 perp-DEXs, reflecting the segment’s rapid expansion.
📈 Trading on ByBit 🤖 Accelerating my deposit on Dragonfly
📱 YouTube 📱 TikTok
🗣️ The share of decentralized platforms for perpetual futures (perp-DEX) increased from 0.11% in January 2023 to 12.33% in September 2026, according to Castle Labs.
📊 The peak came in December 2025 — 14.25%, and the segment’s monthly trading volume reached a record $1.36T in October of that year.
✍️ One of the growth drivers was tokenized real-world assets (RWA). In July, their share reached 19.6% of perp-DEX trading volume.
📊 Hyperliquid remains the leader by open interest — 56.8% of the total. Next are Aster (9.7%), Variational (6.2%), Lighter (5.7%), and edgeX (4.2%).
🔜 After Hyperliquid launched, there have already been more than 261 perp-DEXs, reflecting the segment’s rapid expansion.
📈 Trading on ByBit 🤖 Accelerating my deposit on Dragonfly
📱 YouTube 📱 TikTok
