Data: The share of perpetual contracts in DeFi protocol revenue has grown approximately fourfold since the end of 2023, now on par with spot exchange revenue

Odaily News: DCo investor Joel John posted on X, stating that since the low point at the end of 2023, the share of perpetual contracts in DeFi protocol revenue has grown approximately fourfold. This revenue is now close to half of Tether and Circle's daily revenue and is on par with spot exchange revenue.