Perp DEXs have for the first time exceeded the milestone of 1 trillion USD in monthly trading volume.

In a historic milestone, Perpetual DEXs ( have achieved a monthly trading volume exceeding 1 trillion USD in September, totaling 1.143 trillion USD. This figure represents an increase of nearly 50% compared to the previous month, marking the fastest growth in the Perp DEX sector. This surge reflects the increasing activity and acceptance within the decentralized trading ecosystem, as more traders engage in perpetual contracts without the need for an intermediary.

Leading the market, protocols like Aster, Hyperliquid, and Lighter each recorded trading volumes over 100 billion USD in the past 30 days, indicating a strong user base and high liquidity. This unprecedented growth demonstrates the increasing interest from investors and the maturing DeFi infrastructure, proving that Perp DEXs are becoming a significant force in the cryptocurrency market.

![])https://img-cdn.gateio.im/webp-social/moments-fd719f436a0ca8be95feb5e0b5176202.webp(Source: Defillama