🎉 #Gate xStocks Trading Share# Posting Event Is Ongoing!
📝 Share your trading experience on Gate Square to unlock $1,000 rewards!
🎁 5 top Square creators * $100 Futures Voucher
🎉 Share your post on X – Top 10 posts by views * extra $50
How to Participate:
1️⃣ Follow Gate_Square
2️⃣ Make an original post (at least 20 words) with #Gate xStocks Trading Share#
3️⃣ If you share on Twitter, submit post link here: https://www.gate.com/questionnaire/6854
Note: You may submit the form multiple times. More posts, higher chances to win!
📅 End at: July 9, 16:00 UTC
Show off your trading on Gate Squ
Top 5 Perp DEXs By 30-Day Volume Growth: LOGX Leads With 1,070% Surge and $500K Trading Contest
LOGX leads with a 1,070% 30-day volume increase, supported by a $500K trading competition.
Zo Perps, Avantis, Pancake Perps, and RabbitX post remarkable growth, driven by liquidity expansion and user activity.
Perp DEX market shows dynamic evolution, reflecting trader demand for high-yield decentralized derivatives platforms.
Perpetual decentralized exchanges (Perp DEXs) have recorded exceptional growth in the last 30 days, driven by increased trader activity and platform innovations. Leading this growth cycle is LOGX, which has posted a phenomenal 1,070% increase in trading volume, making it the fastest-growing platform among Perp DEXs during the period. This growth coincides with the launch of LOGX’s lucrative $500,000 trading competition, a move designed to sustain platform engagement and reward active traders.
Besides LOGX, four other platforms — Avantis, Pancake Perps, RabbitX, and Zo Perps — had high momentum in volume growth. These platforms recorded high growth in trading activity and collectively contributed to the new landscape of decentralized derivatives trading. While the larger market reflected uneven performance, these platforms managed to record remarkable growth in a short time, reflecting growing demand for high-return, leveraged instruments among traders.
Zo Perps and Avantis Deliver Outstanding Short-Term Gains in Trading Activity
Trailing LOGX, Zo Perps posted superior growth figures, driven by enhanced platform activity and expanding liquidity pools. Avantis, another key player, recorded outstanding performance supported by increased market depth and strategic feature launches.
These platforms benefited from rising trader demand for innovative Perp products, especially in volatile market conditions. Notably, these two exchanges strengthened their user base and improved transaction efficiency over the month. The combination of robust infrastructure and attractive fee models supported their short-term growth surge.
Pancake Perps and RabbitX Post Groundbreaking Growth Metrics Amidst Market Shifts
Pancake Perps and RabbitX closed out the top five, each demonstrating remarkable performance. Pancake Perps recorded dynamic growth, supported by its multi-chain integration and accessible trading interface. RabbitX, on the other hand, delivered unparalleled performance metrics through new trading pair launches and liquidity enhancements.
Despite broader market challenges, these exchanges maintained upward trading volume trends. Their growth was further boosted by adaptive trading environments and user-driven liquidity incentives. This underscores how innovation and user engagement helped sustain their competitive positions.
Broader Trends Reflect Lucrative Potential in Perp DEX Growth
Collectively, these five Perp DEXs posted stellar growth figures in the past month, reflecting a broader shift toward decentralized derivatives platforms. Their 30-day volume expansion demonstrates how trader preferences continue evolving toward dynamic and high-yield opportunities.
This trend highlights the lucrative nature of perpetual trading platforms, where volume growth often reflects market shifts and adaptive exchange mechanics. Each platform’s advancements contributed to this month’s exceptional growth story, reshaping the short-term landscape of Perp DEX competition.