POPA ReconCumulative On-Chain Perps Volume Surpasses $15T
Cumulative On-Chain Perps Volume Surpasses $15T The most significant acceleration occurred in 2024–2025 (+200%), as Hyperliquid and other perp DEXs gained traction and on-chain perpetual markets expanded rapidly. Since January 2026, Hyperliquid has remained the market leader, accounting for 30% of total trading volume. This rapid growth highlights how perpetual DEXs are becoming a core part of the crypto market’s landscape. 👉 https://cryptorank.io/exchanges/dex/derivatives
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