Perp DEXs Hit $10B Daily Volume, Aevo Leads at $3.3B; Hyperliquid Emerges as Contender, Monthly Volume Hits $195B

Perpetual decentralized exchanges (DEXs) experienced the second highest daily volume ever, reaching $10 billion, with Aevo leading at $3.3 billion, an all-time high. Hyperliquid and Aevo are emerging as strong contenders in the sector due to the rise of memecoins and a wide spectrum of assets available. The craziest Perp DEX month concluded with a total monthly trading volume of $195,303,642,189, with dYdX, Hyperliquid, and aevoxyz securing the top positions in trading volumes.