永续合约DEX近60天交易量分析：Variational增长趋势最强

here is what i found after analyzing perp dex volumes over the last 60 days🔽

the peak came on june 5 with $45b in vol the lowest day was may 2 with $9.5b, about 4.7x lower

structurally declining: @01Exchange, @nadoHQ, @etherealdex structurally stable: @pacifica_fi, @extendedapp, @hibachi_xyz and @risextrade only perp showing a clear growth trend is @variational_io

my take:

variational > the strongest chart. clean uptrend since may, reacted to the june 5 spike like the rest of the market, pulled back moderately and continues to hold a higher base, healthy structure.

pacifica > consistently maintains a high $400–600m daily vol base with no major breakdowns and little dependence on the market spike, strong resilience.

extended > healthy structure overall. huge spike on june 5 (~$700m), then cooled off but remains within a solid trading range. volatile, but no structural weakness.

risex > strong growth into early june, but the pullback after the peak is noticeable. still outperforming the market overall, though momentum is cooling.

nado > followed the market into the peak, but the decline has been steeper than the market with a clear lower high, lower low structure, something to watch.

01 exchange > the weakest chart, volume collapsed by roughly 3x after june 5 and never recovered, clear structural breakdown.

ethereal > fading since its late-may peak (~may 22). barely reacted to the june market wide spike, looks like a fading cycle.

hibachi > mostly noise, no clear structure, no trend, no growth. not a sharp collapse, just a lack of any meaningful momentum.

what do you guys think?