Onchain Perpetual Contracts Surge with $972B Monthly Volume as DeFi Infrastructure Matures
While Bitcoin's price fluctuations dominate headlines, a quieter revolution is unfolding in decentralized derivatives. Onchain perpetual contracts processed $972 billion in monthly volume across decentralized exchanges—a signal that Leveraged trading is becoming foundational to DeFi's architecture.
Platforms like Lighter, Aster, and Hyperliquid now dominate this space, combining high-throughput technology with sophisticated financial instruments. Perpetuals have evolved beyond speculative tools, enabling collateral management, hedging strategies, and yield optimization without spot market exposure.
The sector's maturation is further evidenced by the emergence of equity perpetuals, bridging crypto and traditional markets through tokenized stock derivatives. This growth persists irrespective of broader market sentiment, suggesting DeFi is developing self-sustaining financial ecosystems.