Onchain Futures Trading Plummets, Hyperliquid Dominates
Bitcoin & Crypto News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Onchain perpetual futures trading volumes have been declining for five months, dropping from $1.36 trillion in October 2025 to $699 billion in March 2026. Daily activity also hit a low of $8.4 billion on April 4th. The cooldown started in November and December, with averages nearing $1 trillion in Q4 2025 due to heavy speculation. Hyperliquid leads past thirty days with $73 billion, followed by edgeX at $68 billion. The sustained drop suggests a reset in onchain trading, setting the stage for future crypto moves.
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