Perpetual DEX Platforms Gain Ground as CEX Volume Drops in 2026

TLDR: Top 11 CEX platforms saw monthly average perp volume fall from $7.11T in 2025 to $4.69T in early 2026. Perpetual DEX volume rose from $1.50T in 2024 to $6.38T in 2025, with monthly averages still climbing in 2026. The perp DEX-to-CEX volume ratio peaked at 13% before cooling to 10% in April 2026, up [...]

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