A overview of major Perp DEXs: Trading volume was sluggish across platforms over the weekend, while Hyperliquid's open interest increased by 10% compa...
TL;DR
Weekend trading volume on Perp DEXs was sluggish, but Hyperliquid led with $3.09 billion in 24-hour volume and a 10% increase in open interest. Other platforms like Variational and Paradex also saw rising volumes, ranking fourth and fifth respectively.
Tags
[A Look at Major Perp DEXs: Weekend Trading Volume Sluggish Across Platforms, Hyperliquid's Open Interest Up 10% from Last Week] According to Mars Finance, on January 4th, data from DefiLlama showed that trading volume on Perp DEXs was relatively sluggish over the weekend. Hyperliquid topped the list with a trading volume of approximately $3 billion, and its open interest increased by about 10% from the previous week. Meanwhile, Variational and Paradex continued to see rising trading volumes, currently ranking fourth and fifth respectively. Current trading volumes for some Perp DEXs are as follows: Hyperliquid: 24-hour trading volume approximately $3.09 billion, TVL approximately $4.18 billion, open interest $7.77 billion; Lighter: 24-hour trading volume approximately $2.87 billion, TVL approximately $1.27 billion, open interest $1.4 billion; Aster: 24-hour trading volume approximately $2.5 billion, TVL approximately $1.24 billion, open interest $2.6 billion; Variational: 24-hour trading volume approximately $1.53 billion, TVL approximately $66.18 million, open interest $779 million; Paradex: 24-hour trading volume approximately $1.47 billion, TVL approximately $170 million, open interest $799 million; EdgeX: 24-hour trading volume approximately $1.39 billion, TVL approximately $359 million, open interest $803 million; Pacifica: ... 24-hour trading volume was approximately $668 million, TVL was approximately $42.89 million, and open interest was $73.88 million.