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

Ten Thousand Words Interpretation of STRC: Strategy for Making Money to Buy Coins New Magic

What competitive advantages are still defensible in the AI era?

For Whom the Bell Tolls, For Whom the Lobster Feeds? A Dark Forest Survival Guide for the 2026 Agent Player

Circle CEO's Latest Interview: Stablecoins Are Not Cryptocurrency

Deconstructing the Public Chain Pharos Capital Game: Is a $950 million valuation supported by assets like photovoltaics just a shell transaction under layers of betting?

a16z: AI is making everyone 10x more productive, but the true winner has yet to emerge

Why did the star Web3 project Across Protocol choose to abandon DAO?

In fact, ETH scaling is a major benefit for L2

Memories: 10 Key Contributions of the TON Core Team That Few People Knew in the Early Days

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

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

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

The Cryptographic Past of the Middle East

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

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.

Vitalik wrote a proposal teaching you how to secretly use AI large models

On the eve of the explosion of on-chain options

WEEX AI Hackathon: How Did This AI Trading Winner Succeed?
A self-taught AI trading enthusiast achieved top-10 results at the WEEX AI Hackathon. Learn about the mindset, AI tools, and lessons behind this impressive performance.