Q3 Perp DEX volume: $1.7T total
Top 10 assets = 68% ($1.16T)
$BTC + $ETH alone = ~50% of all volume
5 traditional assets in top 10 โ $148.9B (12.9%)
Concentration is insane. If you're not trading the majors, you're fighting for scraps in a $540B longtail.
Top 10 assets = 68% ($1.16T)
$BTC + $ETH alone = ~50% of all volume
5 traditional assets in top 10 โ $148.9B (12.9%)
Concentration is insane. If you're not trading the majors, you're fighting for scraps in a $540B longtail.