According to CryptoRank data, the monthly trading volume of Perp DEX has declined for six consecutive months. In April 2026, the total trading volume dropped to $518 billion, down about 3% from $536 billion in March, and significantly lower compared to the peak of $1.2 trillion in October 2025. Among them, Hyperliquid ranked first with a monthly trading volume of $186 billion, while emerging Perp DEX platforms like Lighter, edgeX, and Aster also maintained high activity levels. https://(wublock123.com)/news/perp-dex-april-2026-volume-falls-to-518b-61240