CEX vs PERPS [ 01.2026 ]

Perps Volume Day ~ 50B$
Perps Volume Month ~ 1T$
Perps OI ~ 18B$

Top 3 Perps [ Volume ] :
HL [ 30% ] / Aster [ 10% ] / EdgeX[10% ]

Top 3 Perps [ OI ] [ All assets ]
HyperLiquid [ 45% ] / Aster [ 10% ] / EdgeX [ 5% ]

Market CAP [ Perps ] ~ 10B$
FDV [ Perps ] ~ 37B$
*HyperLiquid [ 75% ] / Aster [ 15% ] / Lighter [ 5% ]



CEX Volume Day ~ 230B$
CEX Volume Month - 7T$
CEX OI ~ 75B$

Top 3 CEX [ Volume ]
Binance [ 25% ] / OKX [ 11% ] / ByBit [ 7% ]

Top 3 CEX [ OI ] [ BTC ]
Binance [ 20% ] / MEXC [ 10% ] / ByBit [ 10% ]

Market CAP [ CEX] ~ 175B$
FDV [ CEX ] ~ 180B$
Binance [ 65% ] / Coinbase [ 30% ] / Other [ по 1-2% ]


Ratio Volume Perps / CEX [ Day ] ~ 0,21
Ratio Volume Perps / CEX [ Monthly] ~ 0,15
Ratio OI Perps / CEX ~0,25
Ratio Market CAP Perps / CEX ~0,05
Ratio FDV Perps / CEX ~ 0,2

Sources:
https://defillama.com/perps
https://tokeninsight.com/en/exchanges
https://www.coinglass.com/open-interest/BTC