A overview of major Perp DEXs: Trading volume on all platforms is sluggish, below $5 billion, while Pacifica's trading volume bucks the trend and rise...

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TL;DR

Most major Perp DEXs saw trading volumes drop below $5 billion, with Aster leading. Pacifica was an exception, rising against the trend, while open interest remained stable overall.

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DerivativesAMMPacificaPerp DEXstrading volumeAsterDeFi
According to Mars Finance, on December 15th, data from DefiLlama showed that trading volume on most major Perp DEXs dropped significantly in the past 24 hours, falling below $5 billion. Aster currently leads the trading volume, while Pacifica bucked the trend and rose. Meanwhile, open interest on most platforms saw limited changes, with Hyperliquid experiencing a slight increase. Current trading volumes for some Perp DEXs are as follows: Aster: 24-hour trading volume approximately $4.95 billion, TVL approximately $1.34 billion, open interest $2.57 billion; Lighter: 24-hour trading volume approximately $4.83 billion, TVL approximately $1.45 billion, open interest $1.74 billion; Hyperliquid: 24-hour trading volume approximately $3.18 billion, TVL approximately $4.44 billion, open interest $7.33 billion; EdgeX: 24-hour trading volume approximately $2.87 billion, TVL approximately $398 million, open interest $796 million; ApeX: 24-hour trading volume approximately $2.43 billion, TVL approximately $46.47 million, open interest $87.94 million; Variational: 24-hour trading volume approximately $1.2 billion, TVL approximately $66.18 million, open interest $384 million. $10.4 billion; Backpack's 24-hour trading volume was approximately $1.04 billion, with TVL not yet disclosed and open interest of $216 million; Pacifica's 24-hour trading volume was approximately $946 million, with TVL of approximately $41.69 million and open interest of $62.8 million.

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