In December, decentralized futures trading reached an all-time high, capturing 10.17% of centralized exchange (CEX) volumes. With platforms like Hyperliquid, Jupiter, and Drift driving innovation, the total DEX trading volume surged by 26.5% to $285 billion. This growth underscores the increasing appeal of decentralized platforms in the trading ecosystem. DEX futures trading hit a new high in December, reaching 10.17% of CEX volumes.
With platforms like Hyperliquid, Jupiter, and Drift leading the charge, DEX volume grew 26.5% to $285B. Hyperliquid alone dominated 78.8% of the market—on-chain is rising fast.
pic.twitter.com/kSHrACvRMe — Kyledoops (@kyledoops) January 5, 2025 Hyperliquid Dominates
The post DEX Futures Hit New Highs: Hyperliquid Leads the Charge appeared first on The Merkle News.
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