The uptick in DEX trading volume throughout 2025 tells a bigger story than just Bitcoin rallying. What's really happening is a fundamental market restructuring—traders are increasingly moving towards on-chain derivatives. This isn't just price momentum riding BTC's wave; it's a deliberate shift in how the market is operating. The data shows it clearly: as BTC appreciates, DEX volumes spike, but the composition of those trades is changing. More and more activity is flowing into derivative products rather than spot trading. That's the real story behind the numbers.

BTC-1,88%
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LiquidationSurvivorvip
· 8h ago
Spot trading is outdated; derivatives are the future. I've seen it coming long ago.
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DiamondHandsvip
· 21h ago
Honestly, the rise of derivatives is only a phenomenon of the past two years. Will spot trading really be phased out?
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FalseProfitProphetvip
· 21h ago
The inflow of derivatives into DEXs should have happened a long time ago; spot trading is really too boring.
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FlatlineTradervip
· 21h ago
Derivatives are booming, while spot trading is nobody's business anymore—that's the real truth.
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GateUser-00be86fcvip
· 21h ago
The rise of derivatives has become a fact; will spot trading cool down?
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HodlAndChillvip
· 21h ago
The explosion of derivatives is really no coincidence; spot trading has long been outdated.
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