POPA Recon⚡Monthly Perp DEX Volume Climbs 6% in October
⚡Monthly Perp DEX Volume Climbs 6% in October Spot and CEX futures both fell in October, while perpetual DEX volume climbed 6% to $659B. The drop in centralised-exchange activity lined up with a fall in Bitcoin following a reported $6.3B Binance hack. Among perp DEXs, the month’s standout was Variational, which climbed to $78B to rank second for the first time, overtaking every challenger behind Hyperliquid. 👉 Full October recap: https://cryptorank.io/insights/reports/october-2026-crypto-exchanges-recap
The excerpt is quoted from a public Telegram channel, which owns its text.