DEX Futures Trading Reaches $285B in 2024, Hyperliquid Dominates
In December, decentralized exchanges (DEXs) saw a substantial boost in futures trading volume, reaching a record 10.17% of the volume seen on central exchanges (CEXs). The increase comes offered the substantial enhancements in on-chain user experience and facilities over the previous couple of years.The boost in DEX futures trading can likewise be credited to the growing adoption of platforms like Hyperliquid, Jupiter, ApeX, Satori Finance and Drift, which have actually regularly grown in current months.Hyperliquid Leads The PackExtremely, these platforms grew at a typical rate of 26.5% each month throughout 2024. By December, the overall trading volume on decentralized exchanges (DEXs) reached $285 billion, driven by strong development from a couple of leading platforms.Hyperliquid led th...