In the fast-paced world of decentralized finance (DeFi), staying on top of trading volumes and fees is crucial for anyone dipping their toes into blockchain-based investments. That's why the recent announcement from DefiLlama caught our eye here at Meme Insider. On November 5, 2025, the popular DeFi analytics platform tweeted that they're now tracking Infinex on their Perp Volume Dashboard. This move adds another layer of visibility to the ecosystem, especially for those interested in perpetual futures—those ongoing contracts that let you bet on asset prices without an expiration date.

For the uninitiated, DefiLlama is like the go-to encyclopedia for DeFi data. It aggregates info from hundreds of protocols, giving users real-time insights into total value locked (TVL), fees, revenue, and more. Their Perp Volume Dashboard specifically zooms in on perpetual trading volumes across various platforms. Adding Infinex to this mix means traders and enthusiasts can now monitor how this cross-chain superapp is performing in the perps arena.

Infinex itself is a game-changer in the DeFi space. Think of it as a all-in-one crypto app that combines a wallet, portfolio manager, and trading terminal. It's non-custodial—meaning you keep control of your keys—and supports multiple blockchains like Ethereum, Arbitrum, Base, Optimism, and even Solana. What sets it apart is its user-friendly interface that mimics centralized exchanges (CEXs) while staying true to DeFi principles. Recently, it integrated with NEAR Blockchain to enable seamless swaps for assets like Bitcoin, Dogecoin (a classic meme token), and XRP. This makes it particularly appealing for meme token traders who want quick, cross-chain action without the hassle.

The tweet from DefiLlama included a snapshot of Infinex's key metrics, showing annualized fees and revenue at around $1.43 million each, with a 30-day perp volume of $233.65 million. The accompanying chart illustrates the volume trends over recent weeks, with a notable peak in mid-October.

This integration is a big win for transparency. DeFi has often been criticized for its opacity compared to traditional finance, but tools like DefiLlama help bridge that gap. For meme token enthusiasts, it means better data on how platforms like Infinex handle volatile assets. Dogecoin, for instance, with its meme-driven price swings, could see more informed trading strategies emerge from this.

Why This Matters for Meme Token Traders

Meme tokens thrive on hype and community buzz, but smart trading requires solid data. Infinex's perp offerings allow users to leverage positions on these assets without owning them outright, amplifying potential gains (or losses). With DefiLlama tracking this, you can compare Infinex's volumes against giants like GMX or dYdX, spotting trends early. It's especially useful in a market where cross-chain capabilities are becoming essential—imagine swapping DOGE on Solana and trading perps on Ethereum all in one app.

Looking Ahead

As DeFi evolves, expect more platforms to join DefiLlama's dashboards. This not only helps individual users but also aids developers in benchmarking their protocols. If you're into meme tokens or just curious about the latest in blockchain tech, keep an eye on Infinex and DefiLlama. Who knows? This could signal a surge in perp trading for meme assets in the coming months.

Stay tuned to Meme Insider for more updates on how these tools are shaping the future of decentralized trading.