Perp DEXs nearly tripled their share of total crypto trading volume in just two years!

On-chain perpetual DEXs have gone from a niche corner of crypto trading to a structural force in just 24 months. In April 2024, perp DEXs held a 2.9% share of total crypto trading volume; by April 2026, that figure had climbed to 8.0% — nearly a threefold increase. The shift is coming largely at…