3x leveraged chip ETF SOXL hits $3.4B daily volume, topping most crypto perp markets
tomwanhh · x · 2026-11-05
Per Entropy Advisors, crypto perps traders are now running the AI trade with leverage on leverage: SOXL, a 3x leveraged chip ETF, did $3.4B in average daily volume last week—more than crypto markets like HYPE ($2.7B) and ZEC ($2.6B), and even gold.
The chart also shows SK Hynix ($2.4B), SanDisk ($2.2B) and WTI oil in the top perp markets, with TradFi assets' share of perps volume climbing from 5% to 26% over the past year—TradFi assets trading on crypto rails keep expanding.
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