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CEX Volumes Drop to Lowest Since September 2024 as RWA Perps Hit Record High
In May, combined exchange volumes fell 3.45% to $4.41T-the lowest since September 2024. Meanwhile, RWA perpetual futures volumes rose 10.4%, boldly defying the trend like that one friend who insists on wearing shorts in winter.
By CoinDesk Research
Jun 15, 2026
In May, combined exchange volumes fell 3.45% to $4.41T; the lowest since September 2024. RWA perpetual futures volumes rose 10.4% against the trend, hitting a new all-time high. Yes, again. They’re very proud.
Why it matters:
Because when everything else is shrinking, the thing that’s growing tends to get attention-like a houseplant that somehow thrives despite your best efforts to neglect it.
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2026-06-17 07:39