
$70B Surge Signals Stunning DeFi Derivatives Revival
On February 5, 2025, the decentralized finance (DeFi) landscape witnessed a monumental shift as daily trading volume on decentralized perpetual futures exchanges, commonly known as Perp DEXs, skyrocketed to a staggering $70 billion. This figure, reported by Wu Blockchain and verified through DefiLlama data, represents the second-highest daily volume on record. Consequently, this surge marks a definitive recovery from the market downturn observed on October 10, 2025, signaling a powerful resurgence in investor activity within the crypto derivatives space. The volume milestone underscores a broader trend of capital migration towards non-custodial, on-chain trading platforms. Analyzing the $70B Perp DEX Daily…








