Hyperliquid Leads Perp DEX Trading Volume as Liquidity Weakens Ahead of Christmas, DefiLlama Data
COINOTAG News, citing DefiLlama data, notes liquidity across major perpetual DEXs softened ahead of the Christmas season, with 24-hour activity only modestly rebounding from weekend troughs and trading dynamics remaining tethered to broader market flows.
Top ranks are led by Hyperliquid, followed by Lighter and Aster. The trio reports 24-hour trading volume around $61.8 billion, TVL near $41.2 billion, and open interest around $73.5 billion.
Beyond the leaders, Lighter shows ~$58.1 billion volume, TVL ~ $14.1 billion, and OI ~ $16 billion; Aster ~ $51.1 billion volume, $12.8 billion TVL, and OI $24.1 billion. In the broader set, EdgeX records $29.9 billion volume, $3.68 billion TVL, and $7.58 billion OI; ApeX shows $19.1 billion volume; Backpack $13 billion volume and $2.26 billion OI; Variational $9.6 billion volume; Pacifica $5.89 billion volume.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
The Strongest Candidate for the Fed Chair Spoke About the US Economy – “Interest Rate Cuts Are Lagging”
US GDP Near 4% as AI Productivity Drives Job Growth; Fed Rate-Cut Delays Highlight CNBC Interview
Whales Add $3 Million in AAVE as Governance Uncertainty Pressures Price
U.S. Stocks Rally as S&P 500 Near Historic Closing Record at 6,900; Dow and Nasdaq Edge Higher
