ChainThink report, December 25: According to data from DefiLlama, mainstream Perp DEX trading volume declined significantly over the past 24 hours compared to the previous day. If Lighter is set to launch its mainnet and token distribution by year-end on December 31, this Friday may serve as its final opportunity for reward distribution, potentially sustaining Lighter’s trading volume at the top of the leaderboard. Hyperliquid ranks second, with most platforms witnessing a slight increase in open interest. Current Perp DEX trading volumes are as follows:

Lighter 24-hour trading volume approximately $5.04 billion, TVL around $1.41 billion, open interest at $1.55 billion;

Hyperliquid 24-hour trading volume approximately $3.5 billion, TVL around $4.13 billion, open interest at $7.26 billion;

Aster 24-hour trading volume approximately $2.85 billion, TVL around $1.27 billion, open interest at $2.43 billion;

EdgeX 24-hour trading volume approximately $1.87 billion, TVL around $368 million, open interest at $761 million;

ApeX 24-hour trading volume approximately $1.76 billion, TVL around $46.26 million, open interest at $240 million;

Variational 24-hour trading volume approximately $1.09 billion, TVL around $66.18 million, open interest at $485 million;

Backpack 24-hour trading volume approximately $813 million, TVL not yet disclosed, open interest at $216 million;

Pacifica 24-hour trading volume approximately $488 million, TVL around $41.44 million, open interest at $60.26 million.