ON-CHAIN TRADFI PERPS JUST HIT MONSTER SCALE
$USDC ⚡
trade.xyz has pushed total open interest above $23.8B, with $12.542B weekly volume and $52.014B in 30-day volume, according to DefiLlama data. Protocol revenue hit $1.89M over the past 30 days as the platform expands across on-chain stocks, indices, commodities, and Pre-IPO perpetuals.
This is not small noise.
This is market structure shifting on-chain.
Pricing, liquidity, and 24/7 access are becoming the edge. The platform’s Pre-IPO perp model and deep ecosystem liquidity are pulling attention from both retail and institutional flows.
Not financial advice. Manage your risk.
#Crypto #DeFi #Perps #OnChain #Trading 🔥