Crypto equity perpetual futures volume exploded to $250B in July, a 17x surge in three months, driven by concentrated trading in AI and semiconductor stocks.
DeFi & Yields ·
Equity perpetual futures volume on major digital asset exchanges reached $250 billion in July, a 17-fold increase from $15 billion in April, according to CryptoQuant analysis. Binance commanded 76% of the market with $193 billion in volume, while Gate posted the fastest growth at 308% month-over-month. Trading activity concentrated heavily in technology and semiconductor stocks tied to artificial intelligence, with a small cluster of assets dominating activity across the still-emerging market.