2026-01-11 17:25:25

Paradex's perpetual futures platform achieved notable trading momentum, commanding $1.58 billion in 24-hour trading volume. The platform is now competing alongside other major players in the derivatives space.

Looking at the competitive landscape, platforms like Lighter, Hyperliquid, Variational, and Aster continue to maintain strong positions in the perpetual futures market. The volume figures reflect ongoing activity in the leverage trading segment, where traders are actively seeking diverse venue options for their derivatives strategies.

This snapshot of trading activity underscores the growing demand for decentralized and semi-centralized perpetual futures platforms. As market participants diversify their trading infrastructure, these volume metrics serve as useful indicators of platform adoption and user engagement in the derivatives ecosystem.

LIT5,38%

HYPE5,09%

ASTER2,88%

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SilentObserver

· 01-11 23:21

1.58 billion USD in daily trading volume, Paradex, are you about to turn things around? But to be honest, looking at the popularity of Hyperliquid, it seems like there's still a lot of effort needed.

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WalletDetective

· 01-11 17:55

158 million USD daily trading volume is indeed impressive, but the data from Hyperliquid is much more aggressive.

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MemeEchoer

· 01-11 17:52

1.58B? No way, did Paradex suddenly become this powerful?

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PumpAnalyst

· 01-11 17:48

$1.5 billion daily trading volume sounds impressive, but before you jump in, think about how much of that liquidity is real cash, and how much is just market makers manipulating the order book to trap retail investors. Paradex is rushing to compete with players like Hyperliquid, mainly by offering higher leverage and lower fees. In the end, retail investors are the ones who get hurt. Looking at history, it’s always the same story. Honestly, right now a few platforms are fighting for traders’ attention. Good-looking data doesn’t mean there’s no risk; in fact, the higher the leverage, the easier it is to get liquidated. It’s recommended to do intraday trading or swing trading, but never go all-in. Risk management comes first. I’ll just watch and not jump in.

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ImpermanentPhobia