Data shows that in September, the share of futures trading volume on decentralized exchanges (DEX) relative to centralized exchanges (CEX) fell from a peak of 5.18% in February to 3.26%. This indicator represents the ratio of futures trading volume occurring on DEX to that on CEX, suggesting users seem to be gradually shifting towards centralized platforms. Data also indicates that Hyperliquid has become one of the largest DEX perpetual swap platforms, with a market share close to 50%.