Mainstream Perp DEX Overview: Hyperliquid Returns to the Top with a Trading Volume of $9.6 Billion, Lighter Drops to Second
BlockBeats News, November 18th, according to Defilama data, the 24-hour trading volume of mainstream Perp DEXs is still below 10 billion. However, Hyperliquid and Lighter saw a slight increase in trading volume compared to yesterday. The current trading volume of some Perp DEXs is as follows:
Hyperliquid has a 24-hour trading volume of approximately 9.63 billion US dollars, a TVL of about 4.55 billion US dollars, and open interest of 7.95 billion US dollars;
Lighter has a 24-hour trading volume of approximately 9.51 billion US dollars, a TVL of about 1.19 billion US dollars, and open interest of 1.72 billion US dollars;
Aster has a 24-hour trading volume of approximately 9.39 billion US dollars, a TVL of about 1.44 billion US dollars, and open interest of 2.25 billion US dollars;
EdgeX has a 24-hour trading volume of approximately 7.11 billion US dollars, a TVL of about 480 million US dollars, and open interest of 774 million US dollars;
ApeX has a 24-hour trading volume of approximately 2.63 billion US dollars, a TVL of about 49.33 million US dollars, and open interest of 38.55 million US dollars;
Backpack has a 24-hour trading volume of approximately 2 billion US dollars, TVL is not disclosed, and open interest of 1.96 billion US dollars;
Variational has a 24-hour trading volume of approximately 1 billion US dollars, a TVL of about 69.46 million US dollars, and open interest of 4.19 billion US dollars;
Pacifica has a 24-hour trading volume of approximately 1.15 billion US dollars, a TVL of about 41.71 million US dollars, and open interest of 53.23 million US dollars.
You may also like
Strategy Founder: The Next 10 Years of Bitcoin
Forbes Special Report: Stablecoin cross-border payments are faster now, but not cheaper yet
Li Feifei's latest long article: When video generation, robots, and NVIDIA all claim to be world models, we need a taxonomy
Blaming the desolation of the cryptocurrency world on the rise of AI is a form of intellectual laziness
The impact of OUSD on Circle, Tether, and Paxos: not a single negative factor, but a more complex reshaping of competition
A valuation of 8 billion dollars, doubling in 8 months! What makes the crypto-friendly bank Erebor Bank stand out?
340 billion valuation: Li Yanhong's largest IPO, a seat in Kunlunxin's shares is hard to come by
Stablecoins are the "royalists" of the crypto world: Open USD brings the old currency system into play
Cape Verde 2-3 Argentina: The Underdog Team That Stunned the World in Defeat
Cape Verde's run ended in a 3-2 defeat to Argentina, but their journey — three unbeaten draws, one heroic goalkeeper, and a fight that pushed the defending champions to the brink — is the kind of story markets recognize too: small caps can rattle blue chips long before anyone expects it.
Semiconductor stocks plummet, yet Anthropic wants to create a 2nm chip
Where is Zhao Changpeng's billion-dollar investment going? YZi Labs' investment landscape fully revealed
Ethereum Foundation Report: A Basic Guide to Ethereum for Governments and Financial Institutions
A pre-announced harvesting case: After the cryptocurrency price dropped by 99%, the public chain Saga exited to transform into AI
When American giants collectively "defect" from Chinese AI models
BIS Report Compliance Observation: The Real Risks of Stablecoins, Not Just "Depegging"
Portugal 2-1 Croatia: Ronaldo's 20-Year Knockout-Stage Drought Ends With a Debt Finally Collected
Portugal beat Croatia 2-1 in the 2026 global football championship's knockout rounds as Ronaldo scored his first-ever knockout-stage goal, Gonçalo Ramos struck a stoppage-time winner, and VAR ruled out a late equalizer for offside.

