The decentralized exchange (DEX) landscape for perpetual contracts has experienced remarkable growth in 2025, culminating in a staggering cumulative trading volume. This surge underscores the rising popularity and adoption of on-chain derivatives among traders, as highlighted by the official information.
Perpetual DEXs Trading Volume Overview
By the end of 2025, perpetual DEXs recorded a cumulative trading volume of approximately 1,209 trillion, a significant leap from earlier in the year. Notably, around 79 trillion of this total was generated within the year itself, indicating that a remarkable 65% of all perpetual DEX trading activity occurred in just one calendar year.
Strong Performance in December
December proved to be a particularly strong month, with trading volume hitting 1 trillion, a continuation of the upward trend that began in October. The second half of the year saw a notable acceleration in trading activity, with nearly 8 trillion in volume generated, primarily fueled by an increase in leveraged crypto trading. This trend highlights the growing interest and engagement in the derivatives market as traders seek to capitalize on market movements.
As the decentralized exchange landscape for perpetual contracts flourishes, macroeconomic models indicate a significant asset boom ahead of 2026. For more insights, see the full article here.
