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Home»Blockchain»BNB Chain Monthly Perp Volume Hits Record High of $33.29B: What’s Driving It?
Blockchain

BNB Chain Monthly Perp Volume Hits Record High of $33.29B: What’s Driving It?

June 26, 2025No Comments3 Mins Read
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BNB Chain Sets New Record in Perpetual Futures Trading Volume

In June 2025, BNB Chain achieved a milestone by reaching a record high of $33.29 billion in perpetual futures trading volume. This figure represents a remarkable 70% increase in monthly dominance on perpetual protocols. The surge in trading volume was largely attributed to the active participation of users on Aster DEX and other DeFi platforms within the BNB ecosystem.

The surge in trading volume showcases the growing dominance of BNB Chain in decentralized derivatives trading. This achievement underscores the network’s ability to attract a significant amount of trading activity and solidify its position in the DeFi space.

DeFi Protocols Propel On-Chain Volume Growth

On-chain analyst Eljaboom highlighted the significant role played by Aster DEX in driving the growth of BNB Chain’s perpetual dominance. Eljaboom noted that the decentralized exchange’s innovative features and sustained user activity were instrumental in boosting the network’s trading volume by 70%. Binance co-founder Changpeng Zhao also acknowledged the collective effort of multiple platforms in contributing to the network’s performance.

According to CZ, platforms such as Four, Cake, Alpha, Lista, and Venus played a crucial role in the ecosystem’s growth. A screenshot shared on Twitter from DeFiLlama ranked protocols by perpetual volume, with BNB Chain leading the pack with a 30-day volume of $38.85 billion and a daily volume of $1.463 billion. The data also indicated a weekly growth rate of over 19% and a clear upward trend in trading volume, with June 2025 outperforming all previous months.

Futures Activity Soars Across Exchanges

Trading activity for BNB derivatives surged on centralized exchanges, with Coinglass data reporting a 41.65% increase in 24-hour derivatives volume to $564.44 million. However, open interest experienced a slight decline of 3.11% to $725.37 million, suggesting some traders may have exited positions or secured profits amidst market volatility.

See also  Top Trader Predicts ‘Quick’ Move to All-Time High for Ethereum, Sees ETH Outperforming Bitcoin From Here

Meanwhile, the volume of BNB options contracts saw a substantial increase, with options volume surging by over 691% to $2.32 million and open interest climbing by 75.69% to $5.82 million. These figures indicate a growing demand for alternative hedging tools and speculative instruments among traders.

Binance Leads in Futures Performance

Binance maintained its market leadership in futures trading, recording the highest BNB futures volume at $366.06 million and the largest open interest at $411.05 million. The exchange also conducted over 707,000 BNB futures trades in 24 hours, surpassing competitors like OKX and Bybit.

While user accounts on Binance and OKX were predominantly long, with long/short ratios above 1.3, sentiment among top traders was more cautious, as indicated by Binance’s top trader position ratio of 0.84, suggesting a preference for short positions.

At the time of writing, BNB’s price is trading at $640, with a 1.8% decrease in the past day, resulting in a monthly loss of 6.1%.

Disclaimer: The information provided in this article is for informational and educational purposes only. It does not constitute financial advice or any form of recommendation. Readers are advised to exercise caution and conduct their own research before making any investment decisions.

33.29B BNB Chain driving High hits monthly Perp record volume whats
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