Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
Today in crypto: Perpetuals decentralized exchanges (DEXs) close 2025 with cumulative trading volume reaching $12.09 trillion, up from $4.1 trillion at the start of the year, Changpeng Zhao says Pakistan is on track to be a crypto leader by 2030, and South Korean lawmakers delayed submitting legislation that would allow the issuance of domestic stablecoins.
Perpetuals decentralized exchanges are closing 2025 with cumulative trading volume reaching $12.09 trillion, up from $4.1 trillion at the start of the year.
DefiLlama data shows that about $7.9 trillion of this lifetime total volume was generated in 2025. This means that 65% of all perp DEX trading volume occurred in a single calendar year. This concentration highlights how rapidly onchain derivatives scaled in 2025.
