Mainstream Perp DEX Overview: Lighter's trading volume drops by 15% but still holds the lead, with Aster and Hyperliquid closely following.

By: theblockbeats.news|2025/12/05 19:15:58
0
Share
copy

BlockBeats News, December 5th, according to DefiLlama data, in the past 24 hours in the Perp DEX, Lighter's trading volume has dropped by about 15% but still ranks first. Some funds have flowed to smaller market cap platforms, and Pacifica's trading volume has risen again. The current trading volume for some Perp DEX platforms is as follows:

Lighter's 24-hour trading volume is about $8.88 billion, TVL is about $1.27 billion, and open interest is $1.83 billion;

referral/aboter" target="_blank">Aster's 24-hour trading volume is about $7.37 billion, TVL is about $1.42 billion, and open interest is $2.58 billion;

Hyperliquid's 24-hour trading volume is about $6.32 billion, TVL is about $4.34 billion, and open interest is $6.30 billion;

EdgeX's 24-hour trading volume is about $4.09 billion, TVL is about $0.412 billion, and open interest is $0.811 billion;

ApeX's 24-hour trading volume is about $2.82 billion, TVL is about $47.19 million, and open interest is $88.51 million;

Variational's 24-hour trading volume is about $1.75 billion, TVL is about $72.86 million, and open interest is $0.373 billion;

Backpack's 24-hour trading volume is about $1.15 billion, TVL is not disclosed, and open interest is $2.01 billion;

Pacifica's 24-hour trading volume is about $0.591 billion, TVL is about $41.78 million, and open interest is $61.71 million.

-- Price

--

You may also like

2025 South Korea CEX Listing Post-Mortem: Investing in New Coins = 70% Loss?

The 2025 South Korean exchange's new token listing performance is structurally similar to Binance's, with no significant differences.

BIP-360 Analysis: Bitcoin's First Step Towards Quantum Immunity, But Why Only the "First Step"?

This article explains how BIP-360 reshapes Bitcoin's quantum defense strategy, analyzes its enhancements, and discusses why it has not yet achieved full post-quantum security.

50 million USDT exchanged for 35,000 USD AAVE: How did the disaster happen? Who should we blame?

Due to a fatal flaw in the transaction path, a $50 million DeFi operation was executed with almost zero protection, resulting in nearly the entire amount of funds evaporating in a tiny liquidity pool.

The Cryptographic Past of the Middle East

Reality is often more exciting than fiction.

Resolving the Intergenerational Prisoner's Dilemma: The Inevitable Path of Nomadic Capital Bitcoin

When the baby boomer generation collectively sells off, who will become the "greater fool" in the next round of asset crashes?

Who Will Control AI? Why Decentralized AI May Be the Only Alternative to Government and Big Tech

AI has become critical infrastructure, and governments and corporations are competing to control it. Centralized development and regulation are entrenching existing power structures. The Web3 community is building a decentralized alternative — distributed compute, token incentives, and community governance — before that window closes.

Popular coins

Latest Crypto News

Read more