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

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