📢 Gate Square #Creator Campaign Phase 1# is now live – support the launch of the PUMP token sale!
The viral Solana-based project Pump.Fun ($PUMP) is now live on Gate for public sale!
Join the Gate Square Creator Campaign, unleash your content power, and earn rewards!
📅 Campaign Period: July 11, 18:00 – July 15, 22:00 (UTC+8)
🎁 Total Prize Pool: $500 token rewards
✅ Event 1: Create & Post – Win Content Rewards
📅 Timeframe: July 12, 22:00 – July 15, 22:00 (UTC+8)
📌 How to Join:
Post original content about the PUMP project on Gate Square:
Minimum 100 words
Include hashtags: #Creator Campaign
By 2024, the cumulative volume of DEX futures contracts will reach $285 billion, with Hyperliquid accounting for 78.8%.
In December last year, the percentage of DEX futures contract volume to CEX volume reached a record high of 10.17%, marking a recent historical peak. This rise can be attributed to the adoption and improvement of platforms such as Hyperliquid, Jupiter, ApeX, Satori Finance, and Drift, which have been rising in recent months. Throughout 2024, the total volume of these DEXs will rise by an average of 26.5% per month. By December, the cumulative volume will reach 285 billion US dollars. Hyperliquid is the leader, accounting for 78.8% of the total DEX volume, with a monthly volume of over 225 million US dollars in December. Following Hyperliquid is Jupiter, which occupies 9.8% of the market share, with a volume of over 28 million US dollars in December. Other contributors include ApeX, Satori Finance, and Drift, accounting for 6.2%, 3.6%, and 1.6% of the volume, respectively.
Although the cumulative volume of these DEXs reached a monthly record high in December, the situation was not the same for CEXs. In December, the total volume of Bitcoin and Ethereum futures on CEXs did not exceed the previous month's peak. In December, the volume of Bitcoin futures on CEX decreased by 17% compared to November, while the volume of Ethereum futures on CEX remained roughly the same as in November. Despite the decline, the absolute numbers are still much higher than on DEX. In December, bitcoin futures volume on CEX exceeded $2.14 trillion, while Ethereum futures volume reached $1.28 trillion, indicating that centralized platforms continue to dominate in terms of scale. (The Block)