5 in a row! Here’s why monthly perp volumes have been falling since October
Perpetual trading volumes on decentralized exchanges have declined for five consecutive months, falling nearly 50% from a peak of $1.36 trillion in October 2025 to $699 billion by March 2026. This drop reflects ongoing bear market conditions and cautious trader sentiment following last year's market crash, which erased nearly $1 trillion in value. Open interest also declined by 50% from pre-October levels, indicating reduced speculative activity. While the decline highlights persistent bearish pressure, it also suggests traders are recalibrating risk more strategically. This measured behavior helps stabilize markets, reduce volatility, and may lay a stronger foundation for crypto's next rally.
ambcrypto04/07 23:32