Bullish
Equity Perpetual Contract Volume Surges 1700% to $250B in July
01:51
Trading volume for equity-linked perpetuals hit $250B in July, a 17x jump from April. 币安 dominated with 76% share, while Gate saw 308% growth driven by AI and chip assets.
Woofun AI data shows that trading volume for equity perpetual contracts on major crypto exchanges reached approximately $250 billion in July, representing a 17-fold increase from the $15 billion recorded in April. Binance led the market with around $193 billion in volume, capturing 76% of the total share. Gate exhibited the most rapid expansion, posting a month-on-month growth of 308%. Trading activity was heavily concentrated in assets linked to AI and memory chips, with SanDisk and SK Hynix comprising 53% of the volume on Gate.
WOOFUN AI
Impact Assessment · Quick Read
The explosive growth in equity-linked perpetuals signals a significant shift in retail and institutional appetite for tokenized traditional assets. The dominance of 币安 suggests centralized exchanges remain the primary liquidity hubs for this emerging sector. Concentration in AI and semiconductor tokens indicates speculative interest is tracking broader tech market narratives, potentially increasing volatility if underlying asset prices fluctuate.
Generated by WOOFUN AI · For reference only, not investment advice
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