Onchain perp DEX volumes fall for five straight months after October peak
Burns Brief
Perp DEX daily volume fell to $8 The news has rattled market participants, with bears looking to push prices lower while bulls attempt to defend key support levels. Watch for volume confirmation — a breakout above average volume would signal the trend is likely to continue.
Perp DEX daily volume fell to $8.4 billion on April 4, its first sub-$10 billion level since September and the lowest since July, DefiLlama data shows.
Key Takeaways
- 4 billion on April 4, its first sub-$10 billion level since September and the lowest since July, DefiLlama data shows