Onchain Perp DEXs reach 12.33% of global derivatives volume
- —Perp DEX share of global volume rose from 0.11% to 12.33%
- —Perp DEX open interest hit $14.64 billion on September 24
- —Hyperliquid holds 56.8% of open interest, Aster 9.7%
- —RWA perpetuals made up 19.6% of onchain perp volume in July at $147.5 billion
Why it matters: The rising share of onchain derivatives and RWA contracts intensifies competition between Perp DEXs and centralized exchanges.
Source: TokenPost