According to @lookonchain, on-chain perpetual futures volume is cooling off during the market downturn except on Tron, where daily perps volume topped $1B for two consecutive days and 7-day perps volume reached $5.77B, up 176% week over week; source: Lookonchain on X, Dec 25, 2025 https://x.com/lookonchain/status/2004153471961075988. These figures show Tron bucking the broader on-chain perps slowdown observed by Lookonchain; source: Lookonchain on X, Dec 25, 2025 https://x.com/lookonchain/status/2004153471961075988.

According to the source, a social media post claims Denis Dariotis (22) runs GoQuant, which purportedly handles $1B per day in crypto trading volume; this claim is unverified and originates from a competing crypto media outlet, so it cannot be used as a primary source for trading analysis (source: social media post dated Nov 30, 2025). To provide concrete, trading-oriented insights—such as potential liquidity and market-making impact across BTC and ETH spot and derivatives markets—please share a verifiable non-media source like GoQuant’s official disclosures, audited reports, or regulatory/regulatory registry filings (source: request for primary documentation).