Mainstream Perp DEX Overview: Hyperliquid Returns to the Top with a Trading Volume of $9.6 Billion, Lighter Drops to Second

By: theblockbeats.news|2025/11/18 18:46:02
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BlockBeats News, November 18th, according to Defilama data, the 24-hour trading volume of mainstream Perp DEXs is still below 10 billion. However, Hyperliquid and Lighter saw a slight increase in trading volume compared to yesterday. The current trading volume of some Perp DEXs is as follows:

Hyperliquid has a 24-hour trading volume of approximately 9.63 billion US dollars, a TVL of about 4.55 billion US dollars, and open interest of 7.95 billion US dollars;

Lighter has a 24-hour trading volume of approximately 9.51 billion US dollars, a TVL of about 1.19 billion US dollars, and open interest of 1.72 billion US dollars;

Aster has a 24-hour trading volume of approximately 9.39 billion US dollars, a TVL of about 1.44 billion US dollars, and open interest of 2.25 billion US dollars;

EdgeX has a 24-hour trading volume of approximately 7.11 billion US dollars, a TVL of about 480 million US dollars, and open interest of 774 million US dollars;

ApeX has a 24-hour trading volume of approximately 2.63 billion US dollars, a TVL of about 49.33 million US dollars, and open interest of 38.55 million US dollars;

Backpack has a 24-hour trading volume of approximately 2 billion US dollars, TVL is not disclosed, and open interest of 1.96 billion US dollars;

Variational has a 24-hour trading volume of approximately 1 billion US dollars, a TVL of about 69.46 million US dollars, and open interest of 4.19 billion US dollars;

Pacifica has a 24-hour trading volume of approximately 1.15 billion US dollars, a TVL of about 41.71 million US dollars, and open interest of 53.23 million US dollars.

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