2025-12-30 08:27:09

Onchain perpetual futures are absolutely heating up. Latest data shows DEXs are moving serious volume—we're talking $1.2 trillion monthly on perp contracts alone. That's massive growth in crypto derivatives activity throughout 2025. The shift toward decentralized perpetual trading is pretty striking; more traders are clearly moving away from traditional cex order books and into onchain alternatives. Whether it's better execution, lower fees, or just the appeal of decentralization, the numbers don't lie. Derivatives are becoming a bigger piece of the overall crypto ecosystem, and right now, it's the DEX perpetuals pulling the weight.

PERP-1,27%

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

10 Likes

Reward
10
6
Repost
Share

Comment

0/400

NewPumpamentals

· 3h ago

1.2 trillion monthly trading volume? This is what true decentralization looks like in action. CEX days are getting harder and harder; who still wants to be cut by centralized entities? The perp market is booming so much; you better hop on quickly or you'll regret it. DEX perpetuals are the future; these numbers say it all. With such low fees, why not follow the trend? Do you really want to be exploited by exchanges?

View OriginalReply0

fomo_fighter

· 4h ago

1.2 trillion monthly trading volume? That number is outrageous, is it real? --- The cex guys are panicking, it's too late now to react --- Decentralized exchanges do have attractive fees, but liquidity is still a problem --- It feels like retail investors are being cut too harshly, which is why they are moving to DEX --- The proportion of derivatives is getting larger and larger, is this a good thing or a trap? Can someone explain it to me? --- Perpetual contracts are booming = a liquidation wave is coming. I bet five dollars that next month someone will be liquidated and trend on social media again --- Have you actually tried it? Why do I not feel the execution price being so good when you say it?

View OriginalReply0

LiquidationSurvivor

· 4h ago

1.2 trillion monthly trading volume, this is the real decentralized revolution What are CEXs bragging about? DEX perpetual futures have already beaten them to the ground By the way, is this data real? It feels a bit unbelievable Low fees are truly amazing, there's no going back to CEX The rise of perpetual contracts means retail traders are more likely to get liquidated... I need to be more cautious DEX perpetuals are really impressive this time, looks like I need to keep up with the pace

View OriginalReply0

ProposalManiac

· 4h ago

Monthly trading volume of 1.2 trillion? Wait, how is this data calculated? Is there any double counting?

View OriginalReply0

OnchainGossiper

· 4h ago

1.2 trillion? Damn, that's a bit outrageous. CEX is really about to be wiped out. --- DEX perpetuals are so strong now. I should have paid more attention earlier; missed a wave. --- Sounds good, but isn't it just because the fees are cheaper? Why not use centralized exchanges? --- Perpetuals are growing explosively. Are retail investors really all moving over? Or is it just big players playing? --- $1.2T monthly trading volume. Which DEXs are these distributed across? It can't all be Dydx, right? --- I just want to know when this market rally will end. Perpetuals are really risky. --- Competing for market share in decentralized exchanges. What has traditional CEXs been turned into? --- Sounds good, but who pays for the Gas fees? Has that cost been factored in? --- No wonder so many people are talking about on-chain perps lately. Looks like it's really taking off. --- Feels like big players are still just harvesting retail investors. As long as the numbers look good, that's all that matters.

View OriginalReply0

AirdropDreamer

· 4h ago

1.2 trillion monthly trading volume? That number is outrageous, CEX must be panicking. DEX perpetuals are really taking off this time, but be careful of slippage. Perpetual contracts are booming, retail investors all want to become professional traders, but what about the risks? Trading volume on decentralized exchanges surpasses traditional exchanges, this is what Web3 should look like. Low fees are indeed attractive, but is the liquidity depth sufficient? Feels like something might go wrong someday. $1.2T sounds great, but how much of that is actually generated by automated trading bots? The increasing share of derivatives seems a bit excessive… what about the underlying assets? No way, will this wave of DEX momentum last, or is it just another bubble?

View OriginalReply0