BlockBeats News, February 25 — According to data from DefiLlama, the trading volume of major Perp DEXs has mostly rebounded, with Aster experiencing a significant decline and dropping to fourth place; Lighter is now in second. Hyperliquid remains at the top, with a slight increase in open interest, small fluctuations in trading volume, and maintaining its leading position. The current ranking of major Perp DEXs by trading volume is as follows:
Hyperliquid’s 24-hour trading volume is approximately $6.37 billion, TVL is about $4.2 billion, and open interest is around $5.49 billion;
Lighter’s 24-hour trading volume is approximately $3.13 billion, TVL is about $920 million, and open interest is around $714 million;
EdgeX’s 24-hour trading volume is approximately $2.39 billion, TVL is about $183 million, and open interest is around $994 million;
Aster’s 24-hour trading volume is approximately $2.34 billion, TVL is about $1.06 billion, and open interest is around $1.79 billion;
Variational’s 24-hour trading volume is approximately $1.21 billion, TVL is about $107 million, and open interest is around $681 million;
Pacifica’s 24-hour trading volume is approximately $625 million, TVL is about $36.3 million, and open interest is around $59.66 million.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Bittensor TAO Jumps 17% as Market Momentum Strengthens
Key Insights:
Bittensor surged 17% in one day, with strong weekly and monthly gains supported by broader crypto stability and rising investor participation.
Institutional access expanded through new exchange products while Grayscale’s trust premium signaled sustained demand for
CryptoNewsLand1h ago
Dogecoin Holds Key Support as 23% YTD Drop Deepens
Key Insights:
Dogecoin has declined over 23% year to date, with broader macroeconomic pressure and weak crypto sentiment driving sustained selling across major digital assets.
The $0.07 to $0.08 range remains a historically strong support zone, previously triggering sharp recoveries and
CryptoNewsLand2h ago
XRP Price Compresses Near $1.40 as Traders Brace for Breakout
Key Insights
XRP trades within a tightening triangle, with resistance at $1.40 and support near $1.30 shaping a decisive breakout setup expected in early April.
Rising derivatives volume and open interest indicate fresh positioning, while liquidation data highlights repeated failed breakout
CryptoNewsLand2h ago
Ondo Gains Momentum as Franklin Templeton Boosts RWA Push
Key Insights:
Ondo gains strength as the Franklin Templeton partnership pushes tokenized ETFs on-chain, lifting total value locked and expanding institutional access significantly.
Futures open interest rises sharply while funding rates remain positive, showing increased trader
CryptoNewsLand4h ago
Over the past 24 hours, liquidations across the entire market totaled $98.29 million, with long liquidations accounting for more than 60%
According to CoinGlass data, as of March 29, the cryptocurrency market liquidations over the past 24 hours totaled $98.29 million, including $65.26 million liquidated long positions and $33.04 million liquidated short positions. Liquidation amounts for BTC and ETH were $23.24 million and $24.17 million, respectively, with 60,849 people liquidated. The largest single liquidation was $2.15 million, occurring on the BCHUSDT trading pair.
GateNews5h ago
XRP tests $1.33 as rising leverage makes the setup unstable
XRP is currently at $1.33, with a fragile market structure. While funding rates are rising and traders are leaning towards a bullish scenario, price movements remain stagnant. For a clear reversal, XRP needs to sustain above $1.35-1.36; otherwise, a drop to $1.30 could occur. The key challenge is whether buyers can generate real momentum from increasing leverage.
TapChiBitcoin6h ago
