The perpetual futures trading volume on centralized exchanges (CEX) has hit a 31-month low of $4 trillion. This significant decline in trading activity is a worrying sign for market participants. The sharp drop in trading volume could be attributed to the current market conditions, which have been marked by volatility and uncertainty.
Source
"CEX Perpetual Futures Volume Hits 31-Month Low" — Cointelegraph
This article is Bitcoincryptos' summary and analysis of reporting originally published by Cointelegraph. Read the full original report at the link above.
In contrast, perpetual futures trading on decentralized platforms has neared a one-year low, but still remains relatively higher than its CEX counterpart.
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