September Sees Unprecedented $1 Trillion in Perpetual DEX Trading Volume
In a historic milestone for the decentralized finance (DeFi) sector, perpetual decentralized exchanges (DEXs) achieved a remarkable trading volume of over $1 trillion in September. This notable record not only highlights the growing popularity of perpetual trading mechanisms but also marks a significant 50% increase in volume from the previous month, according to data aggregated by DefiLlama. The surge in trading activity was largely propelled by platforms like Hyperliquid, while new contenders such as Aster and Lighter have also emerged, contributing significantly to the volume. Aster, which operates on the BNB Chain and is supported by YZi Labs—a company linked












