Mainstream Perp DEX Overview: Aster Leads with $11.2B in Trading Volume, Hyperliquid Ranks Second

By: theblockbeats.news|2025/11/21 18:45:59

BlockBeats News, November 21st, according to Defilama data, the 24-hour trading volume of various Perp DEXs has continued to rise,Aster now ranks first with a volume of 112 billion US dollars, Hyperliquid has surpassed Lighter to take the second spot. The current partial Perp DEX trading volumes are as follows:

Aster has a 24-hour trading volume of approximately 112.5 billion US dollars, a TVL of around 13.9 billion US dollars, and open interest of 22.5 billion US dollars;

Hyperliquid has a 24-hour trading volume of about 107.7 billion US dollars, a TVL of around 43.8 billion US dollars, and open interest of 75.0 billion US dollars;

Lighter has a 24-hour trading volume of around 101.3 billion US dollars, a TVL of around 12.1 billion US dollars, and open interest of 17.5 billion US dollars;

EdgeX has a 24-hour trading volume of about 71.0 billion US dollars, a TVL of around 4.72 billion US dollars, and open interest of 6.72 billion US dollars;

ApeX has a 24-hour trading volume of about 27.3 billion US dollars, a TVL of around 48.77 million US dollars, and open interest of 38.32 million US dollars;

Backpack has a 24-hour trading volume of about 15.3 billion US dollars, TVL not disclosed at the moment, and open interest of 1.89 billion US dollars;

Variational has a 24-hour trading volume of about 13.5 billion US dollars, a TVL of around 69.46 million US dollars, and open interest of 31.6 million US dollars;

Pacifica has a 24-hour trading volume of about 10.8 billion US dollars, a TVL of around 41.64 million US dollars, and open interest of 48.74 million US dollars.

-- Price

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