[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]

![0x_Spade Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::956604413778546689.png) 0x_Spade (Ø,G) [@0x_Spade](/creator/twitter/0x_Spade) on x XXX followers
Created: 2025-07-24 20:46:26 UTC

Perp trading has become more popular than spot trading. 

@coingecko reports that the total spot trading volume on the top XX CEXs for the past X months hasn't exceeded $2T.

Meanwhile, perp trading on centralized exchanges hasn't gone below $5.9T over the past X months!

![](https://pbs.twimg.com/media/GwpkqfPWEAMZupD.png)

XX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1948484944575021387/c:line.svg)

**Related Topics**
[$59t](/topic/$59t)
[exchanges](/topic/exchanges)
[$2t](/topic/$2t)
[exchanges cexs](/topic/exchanges-cexs)
[coingecko](/topic/coingecko)

[Post Link](https://x.com/0x_Spade/status/1948484944575021387)