Mainstream Perp DEX Overview: Hyperliquid Rises to the Top with $9.8 Billion in Trading Volume, Lighter Falls to Second

On November 25th, according to Defilama data, there was a rebound in Perp DEX trading volume over the past 24 hours. Hyperliquid experienced a significant increase in trading volume and currently ranks first, while Lighter dropped to second place. The current partial Perp DEX trading volume is as follows: Hyperliquid reported a 24-hour trading volume of approximately $98.7 billion, a TVL of around $43.6 billion, and an open interest of $63.8 billion. Lighter recorded a 24-hour trading volume of about $91.5 billion, a TVL of approximately $11.9 billion, and an open interest of $17.1 billion. Aster had a 24-hour trading volume of around $83.2 billion, a TVL of about $13.4 billion, and an open interest of $22.5 billion. EdgeX saw a 24-hour trading volume of approximately $59.1 billion, a TVL of roughly $4.53 billion, and an open interest of $7.29 billion. ApeX's 24-hour trading volume was about $27.9 billion, with a TVL of $48.36 million and an open interest of $32.74 million. Variational's 24-hour trading volume stood at around $12.5 billion, with a TVL of $71.23 million and an open interest of $36.5 million. Backpack reported a 24-hour trading volume of about $11.4 billion, with TVL not disclosed and an open interest of $19.2 million. Pacifica had a 24-hour trading volume of approximately $6.27 billion, a TVL of around $41.63 million, and an open interest of $50.78 million.