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Token Terminal 📊· 2025-12-05 10:02
DEX Volume & Market Share - Monthly DEX volume has surpassed $500 billion [1] - DEXs' share of trading volume compared to CEXs has been increasing since 2023 [1] - The DEX to CEX trading volume ratio was approximately 25% and has been steadily growing [1] Perpetual DEX (PerpDEX) Growth - In 2022, PerpDEXs accounted for only 5% of the market [1] - PerpDEXs now control over 30% of the market [1] - Hyperliquid's strong performance has significantly contributed to the growth of the derivatives market [1] CEX Response & On-Chain Competition - Major centralized exchanges are launching their own on-chain perpetual platforms [2] - Examples include Binance (@Aster DEX), Coinbase (@avantisfi), and Kraken (@rails xyz) [2] - New on-chain native platforms like @reya xyz and @Lighter xyz are rapidly scaling and attracting trading demand [2] - On-chain trading is becoming the primary battleground for the entire market [2]
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Token Terminal 📊· 2025-12-05 09:48
4) Weekly RLUSD transfer count averages 7K▪️ Weekly RLUSD transfer count on Ethereum now averages 7K, up from 240 at the start of the year. The chart mirrors the volume pattern: a steady increase through H1, then re-basing higher in H2.▪️ Transfer count rising alongside volume suggests growing usage frequency rather than by a small number of large transfers. If volume increased while transfer count stayed flat, it would indicate a few whales moving large sums. Instead, both metrics rise in parallel, pointin ...
X @Token Terminal 📊
Token Terminal 📊· 2025-12-05 09:47
3) Weekly RLUSD transfer volume averages $1B▪️ Weekly RLUSD transfer volume on Ethereum now averages around $1B, up from $66M at the start of the year. The chart shows an upward trend through H1, then a clear shift to a higher baseline in H2. Recent weeks cluster around an elevated floor rather than spiking and reverting.▪️ A rising baseline typically indicates a shift from distribution-phase activity to more regular, recurring usage. Early-stage stablecoin transfers often reflect initial distribution, with ...
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Token Terminal 📊· 2025-12-05 09:47
🆕 Ripple's RLUSD surpasses $1B market cap.@Ripple is often known as the original development company behind XRP and the XRP Ledger (XRPL). However, over the past two years, Ripple has expanded into four new business lines: payments, custody, prime brokerage, and stablecoins (RLUSD).RLUSD is deployed on both XRPL and Ethereum, with roughly 85% of the supply on Ethereum. On Ethereum alone, RLUSD surpassed $1B in market cap 12 months after its launch. If RLUSD’s market cap were to grow 10x from here, Ripple co ...
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Token Terminal 📊· 2025-12-05 08:39
RT Seamless Protocol (@SeamlessFi)Community growth is the backbone of DeFi. 🤝Thank you to the 106k+ holders building this with us.Ranked #7 amongst lending protocol giants, let's keep building, together.💪 https://t.co/sAl5zT0xRP ...
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Token Terminal 📊· 2025-12-05 01:05
RT Token Terminal 📊 (@tokenterminal)🟦🇪🇺 Base turning into the EURO chain? ...
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Token Terminal 📊· 2025-12-05 01:05
RT Token Terminal 📊 (@tokenterminal)🟦⛓️ ICYMI: @Spiko_finance is seeing the fastest growth on @base. https://t.co/AwUibx2bAJ ...
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Token Terminal 📊· 2025-12-04 23:33
What a high barrier to entry looks like: https://t.co/sTiujOMvRBMippo 🟪 (@MikeIppolito_):The more I think about it, the stickier I think Ethereum is.The barrier to entry for new smart contract platforms is prohibitively high, there will be far fewer entrants in the future.Also, the GTM Ethereum employed (neutral, no kingmaking, don't compete against your apps) is ...
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Token Terminal 📊· 2025-12-04 23:20
RT Token Terminal 📊 (@tokenterminal)Fastest growing stablecoin, based on 30d growth (%) in market cap:@USDT0_to on @SeiNetwork, with market cap up +100.2% in the past month. https://t.co/bBghB3IqXM ...
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Token Terminal 📊· 2025-12-04 22:03
Industry Opinion - Circle's CCTP is highlighted as the only bridge functioning effectively in 2025 [1]