A list of major Perp DEXs: Lighter leads with $10.7 billion in trading volume, while Pacifica's trading volume has fallen below $600 million.

According to Mars Finance, on November 19th, based on Defilama data, among the various Perp DEXs, only Lighter's 24-hour trading volume returned to above $10 billion, while the trading volume of most other platforms declined. Aster surpassed Hyperliquid to become the second largest trading platform, while Pacifica's trading volume halved. The current trading volumes of some Perp DEXs are as follows: Lighter: 24-hour trading volume approximately $10.71 billion, TVL approximately $1.2 billion, open interest $1.69 billion; Aster: 24-hour trading volume approximately $8.72 billion, TVL approximately $1.45 billion, open interest $2.32 billion; Hyperliquid: 24-hour trading volume approximately $8.15 billion, TVL approximately $4.52 billion, open interest $7.79 billion; EdgeX: 24-hour trading volume approximately $5.94 billion, TVL approximately $478 million, open interest $706 million. ApeX's 24-hour trading volume was approximately $2.9 billion, TVL was approximately $49.51 million, and open interest was $37.19 million; Backpack's 24-hour trading volume was approximately $1.58 billion, TVL was not disclosed, and open interest was $193 million; Variational's 24-hour trading volume was approximately $1.1 billion, TVL was approximately $69.46 million, and open interest was $397 million; Pacifica's 24-hour trading volume was approximately $559 million, TVL was approximately $41.9 million, and open interest was $56.52 million.