December DEX Futures Volume Hits All-Time High Compared to CEX..."HYPE Captures About 80%"

In December last year, decentralized exchange (DEX) futures volume reached an all-time high compared to centralized exchange (CEX) futures volume.

On the 4th (local time), The Block reported, "DEX futures volume reached an all-time high of 10.17% compared to CEX volume," attributing this to the development and adoption rates of DEX platforms like Hyperliquid, Jupiter, and Drift. It further analyzed, "Last year's cumulative DEX futures volume was around $285 billion, with the volume increasing by an average of 26.5% per month."

The Block evaluated Hyperliquid as the leader in the DEX sector. The media stated, "Hyperliquid accounted for 78.8% of the total DEX futures volume," adding, "December's volume exceeded $225 million." Jupiter ranked second with a 9.8% share and a volume of $28 million.

Meanwhile, December's CEX Bitcoin futures volume decreased by 17% compared to November.