Solana Perpetuals Hit Record $43.88 Billion Monthly Volume in August
According to market data, Solana-based perpetual contracts reached a new all-time high in trading volume, surpassing the previous November 2024 peak after nine months of growth.
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Terms & Concepts
Perpetual Contracts (Perps): A type of futures contract in cryptocurrency markets that has no expiration date, allowing traders to hold positions indefinitely.
All-Time High (ATH): The highest value or volume ever recorded for an asset or market metric.
Trading Volume: The total value of all executed trades of a specific asset or market within a given period.