2025-12-29 20:21:31

In the 2025 crypto market, derivatives trading has clearly become popular. Especially on decentralized exchanges (DEX), which have become the biggest growth engine.

According to the recent "2026 Crypto Market Outlook Report" published by a compliance organization, the monthly trading volume of perpetual contracts on DEX has exceeded $1.2 trillion. This number is quite staggering—it indicates that on-chain trading activity is no longer comparable to a few years ago.

Among them, innovative DEX platforms like Hyperliquid have performed particularly well… (original content incomplete)

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ForumLurker

· 14h ago

1.2 trillion? Haha, laughing my head off. Another group of people is about to get liquidated.

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fomo_fighter

· 01-01 06:50

1.2 trillion? Damn, that number is really outrageous... --- Hyperliquid is bragging again, those who got in early are laughing --- DEX is popular, but the slippage and fees are also incredible --- The monthly trading volume of perpetual contracts is so high, how many people have been liquidated? --- Last year, they said CEXs monopolized, now on-chain trading is taking off directly. Web3 still has a future --- Isn't 1.2 trillion just funds being traded back and forth? What about the real value created? --- New types of DEX platforms are emerging one after another, but how to ensure security? That’s the key --- Large derivatives trading volume = high risk. Are the retail investors ready?

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ruggedSoBadLMAO

· 01-01 02:17

1.2 trillion? Honestly, this number looks intimidating, but are there really that many people playing? Hyperliquid is really popular, but I still feel panicked. With DEX perpetuals, leverage can lead to liquidation instantly. Who dares say they haven't been liquidated? It sounds impressive, but it seems like big players are still cutting into retail investors. Is this growth driven by genuine demand or just another bubble? 1.2 trillion? Why didn't I make any money? Haha. On-chain activity has increased, but my wallet is still in the same sad state. New types of DEX are popping up; which one isn't just the next rug pull?

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TokenCreatorOP

· 2025-12-29 20:51

1.2 trillion? That's outrageous. Is this just bloodsucking or are there really that many people trading derivatives? --- Hyperliquid hyped again? If it works, that's good enough; don't overhype it. --- The surge in on-chain activity—is it genuine demand or just hype and manipulation? --- Perpetual contracts breaking 1 trillion in monthly trading volume, it feels like the risk is skyrocketing too. --- DEXs are hot, but I'm worried it might just be another scheme to cut the leeks again. --- Are these numbers real? Even reports from compliant institutions should be taken with a grain of salt. --- New platforms emerging all the time; old users need to be careful not to get caught. --- Derivatives are so popular, but the real profit probably goes to those big players.

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quietly_staking

· 2025-12-29 20:48

1.2 trillion is indeed shocking, but the real question is when will this bubble burst --- Hyperliquid is hot, but risks are also there --- The monthly trading volume of perpetual contracts is so high, are big players just harvesting profits? --- On-chain activity is up, which is good, but I wonder how much of it is genuine trading --- These numbers look impressive, but when you look back, it's still the same group of people trading --- The popularity of DEXs is driven by leverage madness; a disaster is bound to happen sooner or later --- Hyperliquid is indeed good, but don’t be blinded by 1.2 trillion --- Regulatory agencies are starting to look favorably on DEXs; is this a good sign or a warning? --- Large derivatives trading volume indicates market maturity? I’m not so sure --- Another trillion-level story, but who ultimately profits in the end?

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PuzzledScholar

· 2025-12-29 20:44

1.2 trillion? Is that real? This number is just too crazy.

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ConsensusBot

· 2025-12-29 20:43

1.2 trillion? Damn, is this number real? Are on-chain transactions really this explosive? --- Hyperliquid is indeed powerful, but it also feels risky. Aren't there still many contract liquidations? --- DEX perpetuals are still hot, but I'm worried it might be a sign of another potential collapse. --- This growth rate is outrageous. It feels like the bubble is about to burst, but let's keep holding positions haha. --- What does a 1.2 trillion monthly trading volume mean? How many people are fighting it out in there? --- The new type of DEX is indeed attractive, but is the liquidity really enough, or is it playing with fire? --- Why does it feel like derivatives are hot, but the token prices haven't really moved? Is all the capital just competing internally? --- Hyperliquid is really impressive this time, but no one talks about the transaction fees. --- With 1.2 trillion in perpetual contracts monthly, the big players must be making crazy profits. What about retail investors? --- This report data seems a bit exaggerated. Could it be counting duplicate transactions?

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LiquidationWizard

· 2025-12-29 20:35

1.2 trillion? Are you crazy? This leverage is really going to cause trouble. --- Hyperliquid is bragging again? Let’s see how long they can keep it up. --- Perpetual contract monthly trading volume exceeds 1 trillion, it feels like all the money being circulated is from liquidations. --- DEX is hot, but I’m just worried it’s another big show of cutting leeks. --- High on-chain activity is great, but the risk also multiplies. Who makes money and who loses is still a matter of debate. --- How much of that 1.2 trillion figure is actually inflated? --- The popularity of derivatives means more liquidations. Everyone wants to get rich, but in the end, everyone gets liquidated. --- Is Hyperliquid really worth going all in? Or is it just another round of harvesting new leeks?

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GasFeeLover

· 2025-12-29 20:29

1.2 trillion monthly trading volume, this number is indeed shocking, but are there really that many people trading perpetuals? --- Hyperliquid is on fire, but I'm just worried it might be another flash in the pan. --- On-chain trading activity is surging, indicating that everyone is starting to move away from centralized platforms. This is true Web3. --- Perpetual contracts are quick to make money and quick to lose money. I've experienced it myself haha. --- What does 1.2 trillion mean? That must be a lot of people getting liquidated. --- DEXs are definitely the trend, but liquidity depth is still an issue. --- If this data is true, then the crypto market's enthusiasm has really returned, but I still trust my own wallet more.

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