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Mainstream Perpetual DEX Overview: Lighter Takes the Lead with a Trading Volume of $12 Billion, While Hyperliquid Sees a Slight Decrease in Trading Volume

2025.11.13 18:56:30

On November 13th, according to Defilama data, the overall open interest in Perp DEX experienced a slight decline. Lighter witnessed a steady increase in trading volume and significantly took the lead, currently ranking first. The trading volume of Hyperliquid decreased slightly compared to yesterday and now ranks second. The current trading volume of some Perp DEXs is as follows: The 24-hour trading volume of Lighter is approximately $12 billion, with a TVL of around $11.74 billion and an open interest of $16.1 billion; The 24-hour trading volume of Hyperliquid (https://t.me/HyperInsight) is approximately $7.67 billion, with a TVL of around $46.56 billion and an open interest of $74.2 billion; The 24-hour trading volume of Aster (https://www.asterdex.com/en-US/referral/aboter) is approximately $7.52 billion, with a TVL of around $14.79 billion and an open interest of $24.1 billion; The 24-hour trading volume of EdgeX is approximately $6.106 billion, with a TVL of around $4.96 billion and an open interest of $8.59 billion; The 24-hour trading volume of ApeX is approximately $2.774 billion, with a TVL of around $51.2 million and an open interest of $40.5 million; The 24-hour trading volume of Paradex is approximately $849 million, with a TVL of around $1.41 billion and an open interest of $3.5 billion; The 24-hour trading volume of Pacifica (https://app.pacifica.fi/?referral=pacbot) is approximately $743 million, with a TVL of around $39.58 million and an open interest of $48 million.
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