Overview of Mainstream Perp DEXs: Hyperliquid trading volume rebounds to $9.6 billion, up 37% week-over-week

HYPE-1,55%
ASTER-1,63%
LIT-4,2%

BlockBeats News, March 4 — According to DefiLlama data, among mainstream Perp DEXs, Hyperliquid has seen a significant increase in trading volume and activity, with nearly $9.6 billion traded in the past 24 hours, a 37% week-over-week increase. However, open interest has not grown at the same rate. The trading volumes of other platforms have remained relatively stable, with some experiencing slight declines. The current ranking of major Perp DEXs by trading volume is as follows:

Hyperliquid: approximately $9.63 billion in 24-hour trading volume, TVL around $4.32 billion, open interest about $5.62 billion;

Aster: approximately $2.71 billion in 24-hour trading volume, TVL around $1.01 billion, open interest about $1.81 billion;

Lighter: approximately $2.35 billion in 24-hour trading volume, TVL around $850 million, open interest about $666 million;

EdgeX: approximately $1.91 billion in 24-hour trading volume, TVL around $179 million, open interest about $1.01 billion;

Grvt: approximately $1.68 billion in 24-hour trading volume, TVL around $94 million, open interest about $431 million;

Pacifica: approximately $371 million in 24-hour trading volume, TVL around $36 million, open interest about $66 million.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Top 10 perp DEX with the strongest open interest growth in 30 days

Open interest is a key indicator of trader participation and confidence in derivatives trading platforms. In the last 30 days, total open interest in perp DEXs has increased by over $1.5 billion, with Hyperliquid leading at a $1.01 billion rise. Dreamcash saw significant percentage growth, increasing by 130%. The competition among mid-tier perp DEXs remains intense, indicating a heated market ahead of Q2.

TapChiBitcoin2h ago

Dogecoin faces a risk of sharp decline as selling pressure increases

Dogecoin (DOGE) records its second consecutive decline, trading around $0.090 as of Saturday. Previously, this meme coin reached its weekly high of $0.104 on Wednesday. However, the rapid rally was halted as the market entered a period of volatility.

TapChiBitcoin2h ago

A certain CEX institutional platform has launched regulated futures trading and a unified cross-margin feature, integrating the spot and derivatives markets.

A certain cryptocurrency exchange announced integration with a CFTC-regulated futures broker, offering around-the-clock trading services for over 20 futures contracts, strengthening bulk trading services, and expanding into stock trading. By utilizing cross-margin mechanisms, it simplifies portfolio management and improves capital efficiency.

GateNews4h ago

Continue Capital was liquidated on Hyperliquid with an approximate position of $13.3 million.

Continue Capital was liquidated on Hyperliquid with two positions, totaling 10,000 SNDK and 22,300 MU, causing their prices to drop by 5.8% and 2.6% respectively. Currently, MU and SNDK are both trading at a discount, and Clear Capital still holds a long position of 17,000 MU.

GateNews4h ago

A whale deposited 2.18 million USDC into HyperLiquid and opened a 10x leveraged short position on ETH.

Gate News Report, March 7 — Onchain Lens monitoring shows that a whale address starting with 0x218A deposited 2.18 million USDC into HyperLiquid and opened a 10x leveraged short position on ETH. This whale has previously accumulated profits of over $11.8 million.

GateNews4h ago
Comment
0/400
No comments