Mainstream Perp DEX Overview: Lighter Dominates Top Spot for 3 Consecutive Days, Hyperliquid and Aster Experience Over 30% Drop in Trading Volume

By: theblockbeats.news|2025/11/28 10:16:00
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BlockBeats News, November 28th, according to DefiLlama data, the past 24 hours saw a significant decline in Perp DEX trading volume, with Lighter's volume experiencing a cliff-like drop. Hyperliquid and Aster trading volumes both decreased by over 30%. The current trading volume of some Perp DEXs is as follows:

Lighter's 24-hour trading volume is about $9.38 billion, TVL is approximately $12.2 billion, with $17.8 billion in open interest contracts;

Aster's 24-hour trading volume is around $5.6 billion, TVL is about $13.6 billion, with $23.3 billion in open interest contracts;

Hyperliquid's 24-hour trading volume is approximately $4.62 billion, TVL is around $44 billion, with $63.9 billion in open interest contracts;

EdgeX's 24-hour trading volume is about $3.24 billion, TVL is approximately $429 million, with $825 million in open interest contracts;

ApeX's 24-hour trading volume is about $2.88 billion, TVL is around $48.75 million, with $34.95 million in open interest contracts;

Variational's 24-hour trading volume is around $1.53 billion, TVL is about $71.23 million, with $400 million in open interest contracts;

Backpack's 24-hour trading volume is about $835 million, TVL is not disclosed at the moment, with $2 billion in open interest contracts;

Pacifica's 24-hour trading volume is about $329 million, TVL is approximately $41.6 million, with $56.6 million in open interest contracts.

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