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Solana Overtakes Ethereum in Weekly Perpetual Futures Trading Volume

According to recent market data, Solana has surpassed Ethereum in seven-day perpetual futures (crypto derivatives without expiry) trading activity.

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Summary

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Terms & Concepts
  • Perpetual Futures: A type of cryptocurrency derivative contract with no expiration date, allowing traders to maintain positions indefinitely.
  • Trading Volume: The total quantity of an asset traded over a specific period, often used to measure market activity and liquidity.