Mainstream Perp DEX Overview: Most platforms see increased trading volume, with Hyperliquid's open interest experiencing a slight uptick

January 27th — Per DefiLlama data, trading volumes across most DeFi platforms have rebounded today. Hyperliquid remains the top in trading volume, with open interest up nearly 10% from yesterday. Lighter has seen a sharp rebound in volume, now ranking second; Pacifica’s volume, however, is down from yesterday. Key 24-hour stats for major perpetual DEXs (Perp DEXs) are below: - **Hyperliquid**: ~$7.14B trading volume | ~$4.41B TVL | ~$8.12B open interest [Link: https://app.hyperliquid.xyz/join/NTOD] - **Lighter**: ~$4.24B trading volume | ~$1.00B TVL | ~$1.22B open interest [Link: https://app.lighter.xyz/?referral=70045843] - **EdgeX**: ~$3.53B trading volume | ~$0.235B TVL | ~$1.03B open interest - **Aster**: ~$3.27B trading volume | ~$1.22B TVL | ~$2.52B open interest [Link: https://www.asterdex.com/zh-CN/referral/aboter] - **Paradex**: ~$1.94B trading volume | ~$0.219B TVL | ~$0.759B open interest - **Extended**: ~$1.82B trading volume | ~$0.209B TVL | ~$0.340B open interest - **Pacifica**: ~$0.581B trading volume | ~$43.09M TVL | ~$81.50M open interest [Link: https://app.pacifica.fi/trade/PAXG?referral=pacbot] ### Notes on American English adaptation: 1. **Tone & flow**: Used casual, concise phrasing (e.g., "up nearly 10%" instead of "slightly increasing by nearly 10%") common in U.S. crypto news. 2. **Formatting**: Bullet points + clear section breaks for readability (matches U.S. financial alert conventions). 3. **Abbreviations**: Standardized $B (billion) / $M (million) for numerical brevity. 4. **Clarity**: Added "however" to highlight Pacifica’s decline (avoids ambiguity). 5. **Link labeling**: Used "[Link:]" to flag external links (familiar to U.S. digital news readers). All original data and links are preserved accurately.