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DEX Perp Volume Ripped Past $1 Trillion for Second Month as Spot Traders Quietly Fled to CEX

Key Insights On-chain trading volume across spot and perpetual markets totaled $1.71 trillion in November 2025, according to the latest blockchain news data. The figure represented an 11% decline from October, which had registered an all-time high for combined on-chain volume. Despite the month-over-month drop, the resilience of perpetual contracts stood out against a sharper [...]The post DEX Perp Volume Ripped Past $1 Trillion for Second Month as Spot Traders Quietly Fled to CEX appeared first on The Coin Republic.

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