December 1, 2025

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November Softens but Perp DEX Platforms Flex $1.13 Trillion in Onchain Derivatives Action

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November Softens but Perp DEX Platforms Flex .13 Trillion in Onchain Derivatives Action
November Softens but Perp DEX Platforms Flex .13 Trillion in Onchain Derivatives ActionWhile decentralized perpetual exchanges, or perp DEXes, clocked an eye-popping $1.2 trillion in volume in October, the data reveals their November tally eased slightly, trading a bit softer than the prior month’s fireworks. While the dip clocked in at just $70 billion, November’s perp DEX haul still loomed 71.7% above September, making it clear the […]