PANews reported on March 24 that according to the "State of Crypto Perpetuals: 2024" report recently released by Coingecko, by 2024, the total annual trading volume of the top ten centralized perpetual contract exchanges will reach 58.5 trillion US dollars, doubling from 2023. The total volume of decentralized perpetual exchanges reached 1.5 trillion US dollars, and Hyperliquid occupied more than 55% of the market share in Q4. Bitcoin accounted for about 45% of the open contracts on centralized platforms throughout the year. Since November 2024, the total open interest has exceeded 100 billion US dollars for the first time, mainly boosted by market sentiment after Trump's victory. The trading volume of Solana-related contracts has soared several times this year, which is closely related to the meme coin craze and the launch time of celebrity tokens.