DeFi Perpetual DEXs Experience Surge in Activity Amidst Market Turbulence

Despite a significant market downturn triggered by President Trump’s announcement of 100% tariffs on Chinese imports, the volume of leveraged trading on decentralized exchange (DEX) platforms for perpetual contracts has reached unprecedented levels. Following the largest liquidation event in crypto history, traders demonstrated resilience and continued to engage with DEXes even amidst substantial losses.