trade.xyz sets June perpetual trading record at $77.847 billion

The platform also posted a quarterly high of $190.61 billion, up 73.8% from $109.69 billion in the previous quarter, based on DefiLlama data cited by BlockBeats.

Summary

trade.xyz recorded its strongest month on record in June, reaching $77.847 billion in perpetual contract trading volume, while its quarterly volume climbed to a record $190.61 billion. That marked a 73.8% increase from $109.69 billion in the previous quarter, according to DefiLlama data cited in a July 1 report by BlockBeats. The figures point to accelerating activity on the platform’s perpetual contracts (futures without expiry), a segment widely used by crypto traders seeking leveraged exposure.

Terms & Concepts
  • perpetual contract: A futures contract with no expiration date.
  • trading volume: The total value of assets traded over a period.