Mainstream Perp DEX Overview: Hyperliquid's Open Interest Approaches Sum of Other Platforms, Trading Volume Continues to Lead This Month
BlockBeats News, January 26th, according to DefiLlama data, influenced by the overall market situation, the weekend trading volume of mainstream Perp DEXes generally fell, and the open interest of most platforms also declined, with market sentiment becoming cautious.
Among them, Hyperliquid's open interest fell by about 15% compared to the previous week, but still accounted for 48% of the total open interest of various mainstream platforms, close to the sum of the other platforms. In addition, since January of this year, Hyperliquid's trading volume has consistently ranked first; previously, it had been influenced by the Lighter point incentive activity, and the top spot in trading volume had changed hands several times. The current trading volume of some Perp DEXes is as follows:
Hyperliquid 24-hour trading volume is about $58.3 billion, TVL is about $44.1 billion, and open interest is about $74.2 billion;
Aster 24-hour trading volume is about $38.1 billion, TVL is about $12.0 billion, and open interest is about $24.3 billion;
EdgeX 24-hour trading volume is about $37.1 billion, TVL is about $4.29 billion, and open interest is about $10.2 billion;
Lighter 24-hour trading volume is about $31.2 billion, TVL is about $10.1 billion, and open interest is about $12.6 billion;
Paradex 24-hour trading volume is about $30.9 billion, TVL is about $2.18 billion, and open interest is about $7.45 billion;
Extended 24-hour trading volume is about $16.2 billion, TVL is about $2.07 billion, and open interest is about $3.19 billion;
Pacifica 24-hour trading volume is about $8.37 billion, TVL is about $45.89 million, and open interest is about $77.70 million.
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