Rewards Hub Perpetual decentralized exchanges (PerpDEX) have seen their derivatives trading volume rise to nearly 20% of the total derivatives volume on centralized exchanges (CEX) this month, according to data from The Block. This marks a significant increase from January, when PerpDEX accounted for only 6.34% of the CEX derivatives market. The growth highlights the increasing popularity and adoption of decentralized trading platforms.
PerpDEX Derivatives Volume Approaches 20% of CEX Market
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.