Cryp2Nova

DEFI Markets Derivatives Perpetual Protocol Trade Volume

DeFi

The total USD trading volume executed on the Perpetual Protocol decentralized derivatives exchange Shown here for Vertex Edge.

Why it matters

To measure the level of trading activity on this specific perpetuals platform.

How it is built

Summing the USD notional of all perpetual futures trades executed on the protocol over a given period.

What to watch

Rising volume points to growing trader engagement and liquidity on the platform, while declining volume suggests users are moving elsewhere.

Related metrics