Luna x402 priceLUNA

Breaking: Do Kwon’s Sentencing Update U.S. prosecutors are asking for 12 years in prison for Do Kwon, the Terra/Luna crypto founder. They call his fraud “colossal in scope”, bigger than the combined losses of other big crypto cases like FTX. Key Facts: 🔹 Terra/Luna collapse caused $40 billion in losses (May 2022) 🔹 Kwon pleaded guilty to fraud in August 2024 🔹 Agreed to give up $19.3M + properties 🔹 Arrested in Montenegro in 2023, extradited to U.S. in Dec 2024 🔹 Sentencing Dec 11, 2025 (next Wednesday) Prosecutors want 12 years, defense wants 5 (he’s already spent ~3 years in detention). South Korea is asking for 40 years separately. This is a major moment for crypto fraud, showing the U.S. is taking big cases seriously. The judge could still decide anywhere between 5 to 25 years.

Perpetual DEX Volume Explodes Past $1 Trillion: A New Era for On-Chain Derivatives The decentralized derivatives market has just reached a historic milestone. Perpetual DEX trading volume surpassed an astonishing $1 trillion in November, marking the second consecutive month above the trillion-dollar threshold. This explosive growth underscores a massive shift in trader behavior as more market participants migrate from centralized exchanges to on-chain perpetual futures platforms. --- A 4× Surge From Last Year — And 15× From Two Years Ago The numbers paint a clear picture: on-chain derivatives have never been stronger. 4× higher volume compared to November last year 15× higher than the same period two years ago Such exponential growth highlights the increasing confidence traders have in decentralized perpetual protocols, particularly as transparency, liquidity, and product variety continue to improve. Protocols across the ecosystem — from leading platforms to emerging innovations — are experiencing heightened user engagement and deeper liquidity flows. This surge is also fueled by the rising interest in altcoins such as $LUNC and $LUNA, which have become popular trade targets among leveraged traders seeking volatility-driven opportunities. --- Why Perpetual DEXs Are Winning Perpetual DEXs are no longer a niche sector — they’re becoming a dominant force. Several factors are behind this momentum: 1. Transparency and Self-Custody After multiple high-profile failures of centralized exchanges, traders are prioritizing custody of their own assets. DEXs provide full transparency through on-chain order flows and verifiable reserves. 2. Improved Liquidity and Execution Top-tier perpetual DEXs now rival centralized platforms with high liquidity, minimal slippage, and rapid execution. Liquidity mining, cross-chain settlement, and new AMM models have played key roles. 3. Multi-Chain Expansion Perp DEXs have spread across ecosystems — including Ethereum L2s, Cosmos chains, and modular blockchain architectures — creating more access routes for global traders. 4. Growing Altcoin Activity Tokens like $LUNC and $LUNA continue attracting speculative interest, contributing to heightened leveraged trading and increased volatility — the perfect environment for perpetual markets. --- What This Means for 2025 With perpetual DEX volumes hitting repeated trillion-dollar months, it’s clear that the decentralized derivatives market is entering a hyper-growth phase. If this trajectory holds, 2025 could be the year when on-chain perpetuals rival or even surpass centralized exchange derivatives in global market share. The shift is underway — and the numbers prove it.

Perpetual DEX Volume Explodes Past $1 Trillion: A New Era for On-Chain Derivatives The decentralized derivatives market has just reached a historic milestone. Perpetual DEX trading volume surpassed an astonishing $1 trillion in November, marking the second consecutive month above the trillion-dollar threshold. This explosive growth underscores a massive shift in trader behavior as more market participants migrate from centralized exchanges to on-chain perpetual futures platforms. --- A 4× Surge From Last Year — And 15× From Two Years Ago The numbers paint a clear picture: on-chain derivatives have never been stronger. 4× higher volume compared to November last year 15× higher than the same period two years ago Such exponential growth highlights the increasing confidence traders have in decentralized perpetual protocols, particularly as transparency, liquidity, and product variety continue to improve. Protocols across the ecosystem — from leading platforms to emerging innovations — are experiencing heightened user engagement and deeper liquidity flows. This surge is also fueled by the rising interest in altcoins such as $LUNC and $LUNA, which have become popular trade targets among leveraged traders seeking volatility-driven opportunities. --- Why Perpetual DEXs Are Winning Perpetual DEXs are no longer a niche sector — they’re becoming a dominant force. Several factors are behind this momentum: 1. Transparency and Self-Custody After multiple high-profile failures of centralized exchanges, traders are prioritizing custody of their own assets. DEXs provide full transparency through on-chain order flows and verifiable reserves. 2. Improved Liquidity and Execution Top-tier perpetual DEXs now rival centralized platforms with high liquidity, minimal slippage, and rapid execution. Liquidity mining, cross-chain settlement, and new AMM models have played key roles. 3. Multi-Chain Expansion Perp DEXs have spread across ecosystems — including Ethereum L2s, Cosmos chains, and modular blockchain architectures — creating more access routes for global traders. 4. Growing Altcoin Activity Tokens like $LUNC and $LUNA continue attracting speculative interest, contributing to heightened leveraged trading and increased volatility — the perfect environment for perpetual markets. --- What This Means for 2025 With perpetual DEX volumes hitting repeated trillion-dollar months, it’s clear that the decentralized derivatives market is entering a hyper-growth phase. If this trajectory holds, 2025 could be the year when on-chain perpetuals rival or even surpass centralized exchange derivatives in global market share. The shift is underway — and the numbers prove it.

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