Mainstream Perp DEX Overview: Only Three Exchanges with Volume over $5 Billion, Lighter Returns to Top Spot

BlockBeats News, December 17th, according to DefiLlama data, in the past 24 hours, the leading Perp DEX platforms have seen a cooling-off in activity. Lighter's trading volume has surged to the top, with Aster and Hyperliquid following closely behind. At the same time, most platforms have maintained a high level of open contract size, indicating that while market trading activity has cooled down, existing positions are still being actively traded.

Lighter's 24-hour trading volume is approximately $75.1 billion, TVL around $14.6 billion, and open contracts at $16.7 billion;

Aster has a 24-hour trading volume of around $69.1 billion, TVL around $13.2 billion, and open contracts at $25.3 billion;

Hyperliquid has a 24-hour trading volume of approximately $53.7 billion, TVL around $41.3 billion, and open contracts at $72.3 billion;

ApeX has a 24-hour trading volume of about $28.3 billion, TVL around $46.24 million, and open contracts at $1.01 billion;

EdgeX has a 24-hour trading volume of approximately $22.8 billion, TVL around $3.89 billion, and open contracts at $7.86 billion;

Variational has a 24-hour trading volume of about $12.4 billion, TVL around $66.18 million, and open contracts at $3.37 billion;

Backpack has a 24-hour trading volume of about $12.3 billion, TVL not disclosed yet, and open contracts at $2.04 billion;

Pacifica has a 24-hour trading volume of approximately $5.87 billion, TVL around $41.58 million, and open contracts at $59.02 million.