Overview of mainstream Perp DEXs: Most platforms have trading volumes below $3 billion, and Lighter's trading volume continues to decline.

GateUser-6433627c · 2025-12-29T13:19:07+00:00

Data from December 29 shows that trading volume on mainstream Perp DEXs has significantly declined, with most platforms recording less than 3 billion in trading volume over the past 24 hours. Aster's trading volume, approximately $4.48 billion, remains the highest, while Lighter's trading volume has also decreased. Hyperliquid's open interest has slightly increased.

GateUser-6433627c

2025-12-29 13:19:07

Abstract generation in progress

On December 29, according to DefiLlama data, the trading volume of mainstream Perp DEXs significantly declined over the weekend. Most platforms’ trading volumes in the past 24 hours were less than $3 billion, with Aster ranking first, possibly due to the completion of the last second-quarter points distribution last week. Lighter is approaching launch, but its trading volume has been gradually decreasing. Additionally, Hyperliquid’s open interest slightly increased. The current 24-hour trading volumes of some Perp DEXs are as follows: Aster approximately $4.48 billion, TVL about $1.25 billion, open interest $2.42 billion; Lighter approximately $2.51 billion, TVL about $1.39 billion, open interest $1.49 billion; Hyperliquid approximately $1.84 billion, TVL about $4.14 billion, open interest $7.45 billion; EdgeX approximately $1.245 billion, TVL about $357 million, open interest $754 million; ApeX approximately $1.244 billion, TVL about $45.9 million, open interest $240 million; Pacifica approximately $540 million, TVL about $41.1 million, open interest $58.67 million.

ASTER-2,53%

HYPE3,9%

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