Tron leads on-chain perps as WoW volume jumps 176%

Key Takeaways

  • While the market downturn has cooled overall on-chain perps activity, Tron has seen a surge in trading.
  • Tron's perps trading volume hits $5.7 billion in the last seven days.

Tron’s daily perpetual futures trading volume has surpassed $1 billion for two days in a row, while overall trading activity on the network has nearly tripled from the previous week, according to DefiLlama.

Over the past seven days, volume has reached $5.7 billion, representing a 176% increase week-over-week. The surge in perps volume suggests growing trader interest in Tron and may signal that Tron-based DeFi and derivatives platforms are gaining traction.

The growth comes as on-chain perps trading slows across most blockchains amid market weakness, with Bitcoin stagnating at around $87,000. TRON (TRX) was trading at about $0.28, down nearly 2% in the last 24 hours, per CoinGecko.

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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