DeFi Perpetual Trading Volume Surpasses $1 Trillion in Record October
Decentralized perpetual trading volume has shattered records, exceeding $1 trillion in October—eclipsing August's $762 billion benchmark. Hyperliquid dominates with $317.6 billion in trades, while platforms like Lighter and Aster accelerate DeFi's encroachment on centralized exchanges.
Perpetuals now offer round-the-clock leverage and asymmetric opportunities, fueling a market poised to hit $1.3 trillion by month-end. The surge signals a structural shift as decentralized infrastructure matures to rival legacy systems.