Perpetual DEX Volume Reaches $9 Trillion Milestone

Cryptocurrency decentralized exchanges (DEXs) offering perpetual contracts have seen a historic surge in trading volume. According to data from CryptoRank.io and DeFiLlama, cumulative volume reached $9.08 trillion on October 2, 2025. This impressive figure marks a significant milestone driven by the increasing adoption of perpetual DEXs since early 2024. Growth has accelerated in mid-2025, fuelled by strong user engagement and rising institutional interest.