logo

ChainThink

Stay ahead, master crypto insights

Overview of Major Perp DEXs: Hyperliquid's trading volume rebounds to $9.6B, up 37% week-over-week

Overview of Major Perp DEXs: Hyperliquid's trading volume rebounds to $9.6B, up 37% week-over-week

2026-03-04 18:43

ChainThink report, March 4: According to DefiLlama data, trading volume and activity on Hyperliquid, a leading Perp DEX, have significantly surged. The platform recorded a 24-hour trading volume of $9.6 billion, representing a 37% week-over-week increase, while open interest did not scale proportionally. Overall trading volumes across other major Perp DEXs remained relatively stable, with minor declines observed on certain platforms. Current rankings of primary Perp DEX trading volumes are as follows:


Hyperliquid 24-hour trading volume approximately $9.63 billion, TVL around $4.32 billion, open interest approximately $5.62 billion;


Aster 24-hour trading volume approximately $2.71 billion, TVL around $1.01 billion, open interest approximately $1.81 billion;


Lighter 24-hour trading volume approximately $2.35 billion, TVL around $850 million, open interest approximately $666 million;


EdgeX 24-hour trading volume approximately $1.91 billion, TVL around $179 million, open interest approximately $1.01 billion;


Grvt 24-hour trading volume approximately $1.68 billion, TVL around $93.98 million, open interest approximately $431 million;


Pacifica 24-hour trading volume approximately $371 million, TVL around $36.09 million, open interest approximately $66.64 million.

Disclaimer: Contains third-party opinions, does not constitute financial advice

Recommended Reading
BlackRock has seen net inflows of 17,642 BTC since February 24, equivalent to approximately $1.28 billion.
BlackRock has seen net inflows of 17,642 BTC since February 24, equivalent to approximately $1.28 billion.
The White House to Review CFTC's Proposed New Predictive Markets Rules
The White House to Review CFTC's Proposed New Predictive Markets Rules
Bitcoin breaks through $73,000
Bitcoin breaks through $73,000
Analysis: If Bitcoin breaks above $72,000, it could swiftly surge to $80,000
Analysis: If Bitcoin breaks above $72,000, it could swiftly surge to $80,000
Iran firmly denies rumors of secret negotiations, accusing The New York Times of conducting a "psychological warfare" campaign
Iran firmly denies rumors of secret negotiations, accusing The New York Times of conducting a "psychological warfare" campaign
Binance.US Launches NPC
Binance.US Launches NPC
CZ on Predict.fun's acquisition of Probable: Excited to see two powerful projects joining forces
CZ on Predict.fun's acquisition of Probable: Excited to see two powerful projects joining forces