Perpetual Futures DEX Volume Reaches $423 Billion, Hyperliquid Holds 58% Share

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Buying and selling quantity on main decentralized exchanges for perpetual futures elevated over the previous month, with Hyperliquid sustaining its lead with a 58% market share.

Cointelegraph reported on August 28 that the highest eight perpetual futures DEXs recorded a mixed $423 billion in buying and selling quantity over the previous 30 days. That was 9.1% greater than within the earlier 30-day interval.

Amongst them, Hyperliquid posted the largest improve in buying and selling quantity. Its share of whole quantity reached 58%.

Perpetual futures are derivatives that permit buyers to commerce on cryptocurrency worth actions with out an expiration date.