TRX Trading Volumes Reach $82 Billion in Q3, Setting Yearly Record

Spot markets accounted for $61 billion, while perpetual futures saw significant growth on KuCoin, Hyperliquid, and Gate exchanges.

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Summary

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Terms & Concepts
  • Perpetual futures: A type of cryptocurrency derivative contract with no expiry date, allowing continuous trading and leveraging positions.
  • Spot market: A market where cryptocurrencies are traded for immediate delivery at current prices.
  • Notional liquidity: The total nominal value available for trading in a market, indicating its capacity to handle large transactions.