Equity perpetual futures on crypto exchanges handled roughly $250 billion in July, a 17-fold jump from April that turned trading venues into round-the-clock stock markets.

Key Points:

• Equity perpetual futures volume on centralized crypto exchanges reached about $250 billion in July, up from roughly $15 billion in April.
• Binance handled close to $193 billion of that total, or 76% of all activity, while Gate grew fastest at 308% month over month.
• Semiconductor and memory names led by SanDisk dominated the flow, leaving the young market narrowly concentrated.

CryptoQuant Report Tracks Equity Perpetual Surge

Analytics firm CryptoQuant published the figures on Aug. 13 in a study of traditional finance products now listed at digital asset…