On-chain Perpetual Contract Trading Cools Off: DEX Volume Declines for 5 Consecutive Months
April 6th figures show on-chain perpetual contract (Perp) trading has cooled off after peaking in 2025.
Per DefiLlama data, decentralized exchange (DEX) Perp trading volume dropped to roughly $699 billion in March 2026 — a sharp pullback from the $1.36 trillion peak in October 2025, marking five straight months of declines.
Daily metrics also weakened: On April 4th, on-chain Perp DEX volume fell to $84 billion, dipping below $100 billion for the first time since September 2025 and hitting its lowest level since July 2025. This signals a notable cool-down in market speculation and leverage demand.
In the platform breakdown: Hyperliquid still holds a commanding lead, with $185.5 billion in volume over the past 30 days — accounting for roughly 34% of the total among the top ten platforms. It’s followed by edgeX ($73 billion) and Aster ($68 billion).
Analysts note Perp DEX volume is widely seen as a key gauge of market risk appetite and leverage levels. The ongoing decline refl
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OpenAI API Core Service Experienced Brief Outage, Now Fully Operational
On April 6, OpenAI issued a status update stating that its previously malfunctioning /v1/responses API endpoint has been fully restored, and all affected services are now operating normally.
The incident began around 18:07 Beijing time on April 6, during which the relevant API was temporarily unavailable. The official team then launched an investigation and announced at 18:23 that the issue had been largely mitigated, with the system entering the monitoring phase.
As of 18:39, OpenAI confirmed that all affected components have been fully recovered, and the incident has been officially resolved.
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Iranian Foreign Ministry Spokesperson: US Pilot Rescue Operation May Have Been to Steal Enriched Uranium
On April 6 local time, Iranian Foreign Ministry spokesperson Baghaei, during a press conference that day, responded to questions by stating the U.S. rescue operation for its pilot on April 5 local time violated Iranian airspace and raised multiple questions.
The U.S. pilot was reportedly located in Kojur-Boyer-Ahmad province, while the U.S. conducted the rescue in central Iran—an area far from the pilot’s position.
Baghaei emphasized the U.S. action may have been a "cover operation" aimed at stealing uranium enrichment materials, a possibility not to be overlooked. He added the operation is a "catastrophic scandal" for the U.S.
(CCTV News)
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The South Pars Petrochemical Facility in Asaluyeh, Iran, Has Been Attacked
Golden Finance: The South Pars petrochemical facility in Asalouyeh, Iran, was attacked on April 6, according to Iranian media outlet Fars News.
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Hormuz Strait Ship Traffic Reaches Highest Level Since Early March
Foreign media reported Thursday (April 6) that shipping traffic in the Strait of Hormuz has hit its highest level since the early days of the Middle East conflict, as more countries have inked security passage deals with Iran.
Twenty-one vessels transited the waterway over the weekend—marking the highest two-day total since traffic started dropping in early March. While current volumes remain well below pre-conflict levels (around 135 vessels), more nations have received passage clearances.
A senior crude oil analyst at Singapore-based Kpler noted: “While Iran is accommodating requests from partner nations, it’s also tightening its grip on the Strait of Hormuz. Transit still hinges on Iran’s willingness—and if the conflict escalates, the situation could shift at any moment.”
So far, most approved vessels appear to be sticking to the route Tehran has indicated, sailing near Iran’s coast. Still, more vessels are starting to opt for the opposite coast.
(FX168)
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