Skip to content
DeFiCryptoSlate

Solana perp volume explodes 65% amid shrinking spot activity

By Liam 'Akiba' Wright

The venue accounts for about 77% of weekly turnover in DefiLlama’s Solana table, concentrating growth as stablecoin market capitalization falls. Read the full story on CryptoSlateUnderstand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox

Read Original Article

Explained in this story

Market capitalisation

The total value of a listed company, calculated as its share price multiplied by the number of shares.

It is the usual way to compare the size of public companies.

More about Market capitalisation
Cryptocurrency

A digital currency secured by cryptography and recorded on a blockchain, without a central bank issuing it.

Crypto prices are volatile, and governments are still deciding how to regulate it.

More about Cryptocurrency

More in DeFi

From the blog