PANews reported on October 6th that, according to The Block, perpetual swaps have accounted for 75% of total trading volume on centralized exchanges (CEXs) since 2025, with a turnover of nearly $49 trillion, far exceeding spot trading ($14.8 trillion) and options trading ($1.3 trillion). This compares to 72% in 2024. On decentralized exchanges (DEXs), the share of perpetual swaps has also increased from 50% last year to 56% this year. Cumulative on-chain perpetual swap trading volume has reached $4.7 trillion, compared to $3.6 trillion for spot trading.



Lawmakers in the US House of Representatives and Senate met with cryptocurrency industry leaders in three separate roundtable events this week. Members of the US Congress met with key figures in the cryptocurrency industry to discuss issues and potential laws related to the establishment of a strategic Bitcoin reserve and a market structure.On Tuesday, a group of lawmakers that included Alaska Representative Nick Begich and Ohio Senator Bernie Moreno met with Strategy co-founder Michael Saylor and others in a roundtable event regarding the BITCOIN Act, a bill to establish a strategic Bitcoin (BTC) reserve. The discussion was hosted by the advocacy organization Digital Chamber and its affiliates, the Digital Power Network and Bitcoin Treasury Council.“Legislators and the executives at yesterday’s roundtable agree, there is a need [for] a Strategic Bitcoin Reserve law to ensure its longevity for America’s financial future,” Hailey Miller, director of government affairs and public policy at Digital Power Network, told Cointelegraph. “Most attendees are looking for next steps, which may mean including the SBR within the broader policy frameworks already advancing.“Read more