Mainstream Perp DEX Overview: Hyperliquid and Lighter Experience Significant Trading Volume Decline, with Aster Leading at $9 Billion

By: theblockbeats.news|2025/11/17 18:45:53
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BlockBeats News, November 17, according to Defilama data, the 24-hour trading volume of mainstream Perp DEXs has seen varying degrees of decline compared to last Friday. Hyperliquid and Lighter both dropped by over 35%, while Aster took the lead with a trading volume of 90.7 billion. The current trading volume of some Perp DEXs is as follows:

Aster has a 24-hour trading volume of approximately $90.7 billion, a TVL of around $14.6 billion, and $23 billion in open interest contracts;

Lighter has a 24-hour trading volume of about $79.4 billion, a TVL of around $11.9 billion, and $17.8 billion in open interest contracts;

EdgeX has a 24-hour trading volume of around $74.4 billion, a TVL of about $4.84 billion, and $7.22 billion in open interest contracts;

Hyperliquid has a 24-hour trading volume of approximately $69 billion, a TVL of around $45.47 billion, and $79.4 billion in open interest contracts;

ApeX has a 24-hour trading volume of around $30 billion, a TVL of about $50.08 million, and $35.19 million in open interest contracts;

Backpack has a 24-hour trading volume of about $18.1 billion, TVL not disclosed, and $1.99 billion in open interest contracts;

Variational has a 24-hour trading volume of about $10 billion, a TVL of around $69.46 million, and $4.19 billion in open interest contracts;

Pacifica has a 24-hour trading volume of approximately $9.3 billion, a TVL of around $40.65 million, and $51.39 million in open interest contracts.

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