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Weekly fundamentals | Charts and trends to watch in crypto
A walkthrough of the most interesting charts and trends in crypto, with a focus on key business drivers and protocol fundamentals. Let’s dig in!
📈 Growth in perpetual exchange trading volume due to market volatility and user migration from CEXs
The daily trading volume of on-chain perpetual exchanges reached $5B, the highest daily trading volume since the UST meltdown of mid-May 2022.
Several on-chain perpetual exchanges had the highest gas-consuming contracts of their respective chains in last 7 days: