Perp DEXs almost triple volume in 2025 as onchain derivatives mature
Trading activity concentrated in the second half of the year as Hyperliquid’s early lead faced increasing pressure from Aster and Lighter.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Trading activity concentrated in the second half of the year as Hyperliquid’s early lead faced increasing pressure from Aster and Lighter.
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This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
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