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RT Jonaso (@Jonasoeth)Monthly DEX volume trading has already crossed $500BSince 2023, the share of trading happening on DEXs compared to CEXs has kept growing.The ratio was about 25%, and it’s been climbing steadily as users move on-chain.But the fastest shift is happening in perpetuals.Back in 2022, PerpDEXs were a tiny part of the market with just 5%.Now they control over 30%, driven mainly by Hyperliquid’s breakout performance, which pushed the whole derivatives market forward.Even the largest centralize ...