DEX Trading Hits All-time High In October 2025
Decentralized exchanges shattered records in October 2025 as perpetual contract volumes surged past $1.3 trillion—a historic first for the crypto derivatives market. This staggering figure represents nearly double September's $738 billion tally, signaling a tectonic shift in trader preference toward DeFi platforms.
Hyperliquid, Lighter, and EdgeX emerged as key liquidity hubs driving this growth. The migration from centralized exchanges gained momentum amid tightening CEX regulations, with traders increasingly valuing DEX transparency and flexibility. Market analysts attribute the milestone to structural improvements in DeFi infrastructure and growing institutional confidence.
While the article mentions Trump's tariffs creating market chaos, the DEX sector demonstrated remarkable resilience. This volume explosion confirms decentralized finance's maturation from niche experiment to mainstream trading venue.