PANews reported on March 24 that according to the "State of Crypto Perpetuals: 2024" report recently released by Coingecko, by 2024, the total annual trading volume of the top ten centralized perpetual contract exchanges will reach 58.5 trillion US dollars, doubling from 2023. The total volume of decentralized perpetual exchanges reached 1.5 trillion US dollars, and Hyperliquid occupied more than 55% of the market share in Q4. Bitcoin accounted for about 45% of the open contracts on centralized platforms throughout the year. Since November 2024, the total open interest has exceeded 100 billion US dollars for the first time, mainly boosted by market sentiment after Trump's victory. The trading volume of Solana-related contracts has soared several times this year, which is closely related to the meme coin craze and the launch time of celebrity tokens.
CoinGecko Crypto Perpetual Contract Report: DEX total trading volume reached 1.5 trillion US dollars, Hyperliquid market share in Q4 exceeded 55%
Share to:
Author: PA一线
This content is provided for informational purposes only and does not constitute investment advice.
Follow PANews official accounts, let's navigate bull and bear markets together
PAData: Web3 in Data
Data analysis and visualization reporting of industry hot spots
AI Agent: The Journey to Web3 Intelligence
The AI Agen innovation wave is sweeping the world. How will it take root in Web3? Let’s embark on this intelligent journey together
Pioneer's View: Crypto Celebrity Interviews
Exclusive interviews with crypto celebrities, sharing unique observations and insights
Memecoin Supercycle: The hype around attention tokenization
From joke culture to the trillion-dollar race, Memecoin has become an integral part of the crypto market. In this Memecoin super cycle, how can we seize the opportunity?
Real-time tracking of Bybit attack
Bybit suffered a security incident, and funds worth $1.44 billion were withdrawn. A North Korean hacker group was accused of being the perpetrator.