
律动BlockBeats|11月 25, 2025 10:36
[Overview of Mainstream Perp DEXs: Hyperliquid Rises to the Top with $9.8 Billion in Trading Volume, Lighter Drops to Second Place]
BlockBeats News, November 25, according to Defilama data, the past 24 hours have seen a rebound in Perp DEX trading volumes. Hyperliquid's trading volume has risen significantly, now ranking first, while Lighter has dropped to second. Current trading volumes for some Perp DEXs are as follows:
Hyperliquid: 24-hour trading volume approximately $9.87 billion, TVL approximately $4.36 billion, open interest $6.38 billion;
Lighter: 24-hour trading volume approximately $9.15 billion, TVL approximately $1.19 billion, open interest $1.71 billion;
Aster: 24-hour trading volume approximately $8.32 billion, TVL approximately $1.34 billion, open interest $2.25 billion;
EdgeX: 24-hour trading volume approximately $5.91 billion, TVL approximately $453 million, open interest $729 million;
ApeX: 24-hour trading volume approximately $2.79 billion, TVL approximately $48.36 million, open interest $32.74 million;
Variational: 24-hour trading volume approximately $1.25 billion, TVL approximately $71.23 million, open interest $365 million;
Backpack: 24-hour trading volume approximately $1.14 billion, TVL not yet disclosed, open interest $192 million;
Pacifica: 24-hour trading volume approximately $627 million, TVL approximately $41.63 million, open interest $50.78 million.