Blockchain

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

BNB Chain reached a file excessive of $33.29 billion in perpetual futures buying and selling quantity in June 2025. The determine displays a 70% enhance in month-to-month dominance on perp protocols. Aster DEX and different DeFi platforms had been instrumental in driving the surge.

The rise marks a major milestone for the Binance-backed community and highlights its rising dominance in decentralized derivatives.

Associated: BNB Chain Day by day Lively Customers Surge 26.4% to 1.2 Million, Income Jumps 58%

DeFi Protocols Drive Report On-Chain Quantity

On-chain analyst Eljaboom shared the information on X. He attributed the expansion primarily to Aster DEX. In response to Eljaboom, the decentralized alternate helped enhance BNB Chain’s perp dominance by 70% by means of sustained person exercise and revolutionary options.

Nonetheless, Binance co-founder Changpeng Zhao additionally weighed in, acknowledging that a number of platforms contributed to the efficiency.

In a reply, CZ named 4, Cake and Alpha, Lista, and Venus key gamers within the ecosystem’s progress. He emphasised that the rising perp quantity outcomes from collective efforts throughout a number of protocols.

A screenshot shared within the tweet exhibits knowledge from DeFiLlama, rating protocols by perp quantity. It lists BNB Chain’s 30-day perp quantity at $38.85 billion, with a day by day quantity of $1.463 billion and a weekly progress price of over 19%. The month-to-month bar chart confirms a transparent upward development, with June 2025 considerably outperforming all earlier months.

Futures Exercise Intensifies Throughout Exchanges

On centralized exchanges, buying and selling exercise for BNB derivatives elevated considerably. In response to Coinglass knowledge, the 24-hour derivatives quantity for BNB rose to $564.44 million, a 41.65% enhance from the day past.

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Nonetheless, open curiosity fell by 3.11% to $725.37 million, suggesting some merchants exited positions or secured earnings throughout risky market strikes.

The amount of BNB choices contracts additionally jumped sharply. Choices quantity elevated by greater than 691% to $2.32 million, and choices open curiosity climbed by 75.69% to $5.82 million. These figures point out a rising demand for various hedging instruments and speculative devices.

Binance Maintains Market Management

Binance led all exchanges by way of futures efficiency. It posted the best BNB futures quantity at $366.06 million and had the most important open curiosity at $411.05 million. Binance additionally recorded greater than 707,000 BNB futures trades in 24 hours, surpassing opponents like OKX and Bybit.

Whereas person accounts on Binance and OKX had been primarily lengthy, with lengthy/brief ratios above 1.3, sentiment was extra cautious amongst high merchants. Binance’s high dealer place ratio was 0.84, indicating a tilt towards brief positions.

Associated: Solana and BNB Beneath Strain in a Market That’s Solely Rewarding Bitcoin

At press time, BNB’s worth is buying and selling at $640, a 1.8% lower previously day, growing its month-to-month loss to six.1%.

Disclaimer: The knowledge offered on this article is for informational and academic functions solely. The article doesn’t represent monetary recommendation or recommendation of any type. Coin Version just isn’t chargeable for any losses incurred because of the utilization of content material, merchandise, or providers talked about. Readers are suggested to train warning earlier than taking any motion associated to the corporate.

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