Overview of Mainstream Perp DEXs: Hyperliquid has recently seen a surge in trading activity, with trading volume surpassing $10 billion.

BlockBeats News, March 5 — According to data from DefiLlama, the trading volume of mainstream Perp DEXs has significantly increased overall, open interest (OI) has steadily risen again, with Hyperliquid remaining in the lead. Platforms like Aster, EdgeX, and Lighter are experiencing faster growth in trading volume, indicating a return of leveraged funds to the market. The current ranking of major Perp DEXs by trading volume is as follows:

• Hyperliquid: approximately $10.37 billion in 24-hour trading volume, approximately $4.35 billion in TVL, approximately $5.88 billion in open contracts;
• Aster: approximately $3.93 billion in 24-hour trading volume, approximately $1.01 billion in TVL, approximately $2.01 billion in open contracts;
• Lighter: approximately $3.11 billion in 24-hour trading volume, approximately $814 million in TVL, approximately $749 million in open contracts;
• EdgeX: approximately $2.80 billion in 24-hour trading volume, approximately $180 million in TVL, approximately $1.08 billion in open contracts;
• Grvt: approximately $1.85 billion in 24-hour trading volume, approximately $95.91 million in TVL, approximately $494 million in open contracts;
• Pacifica: approximately $459 million in 24-hour trading volume, approximately $36.12 million in TVL, approximately $68 million in open contracts.