CryptoSlate reports that Solana's perpetual contract volume has increased by 65%, while spot trading activity is shrinking. This surge accounts for approximately 77% of the weekly turnover in DefiLlama's Solana table. The growth occurs alongside a decline in stablecoin market capitalization, indicating a shift in trading dynamics within the Solana ecosystem.

Based on the CryptoSlate report; not independently verified.

Source published: Wed, 11 Nov 2026 02:10:48 +0000

[Read the original report](https://cryptoslate.com/solana-perp-volume-explodes-65-amid-shrinking-spot-activity/)

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