Mainstream Perp DEX Overview: Recent Weak Liquidity, Lighter Trading Volume Leads
BlockBeats News, December 26. According to DefiLlama data, in the past 24 hours, the trading volume of mainstream Perp DEXes has been sluggish, and on-chain liquidity has not yet recovered. Lighter leads in trading volume, with EdgeX surpassing Hyperliquid to take second place. The current trading volume of some Perp DEXes is as follows:
Lighter has a 24-hour trading volume of approximately $47.5 billion, a TVL of around $13.9 billion, and $15.1 billion in open interest;
EdgeX has a 24-hour trading volume of approximately $27.7 billion, a TVL of around $3.65 billion, and $7.42 billion in open interest;
Hyperliquid has a 24-hour trading volume of approximately $24.5 billion, a TVL of around $41.3 billion, and $70.9 billion in open interest;
Aster has a 24-hour trading volume of approximately $20.6 billion, a TVL of around $12.7 billion, and $24.2 billion in open interest;
ApeX has a 24-hour trading volume of approximately $15.9 billion, a TVL of around $46.35 million, and $2.59 billion in open interest;
Variational has a 24-hour trading volume of approximately $10.9 billion, a TVL of around $66.18 million, and $4.85 billion in open interest;
Backpack has a 24-hour trading volume of approximately $8.13 billion, TVL not disclosed, and $2.16 billion in open interest;
referral=pacbot" target="_blank">Pacifica has a 24-hour trading volume of approximately $6.5 billion, a TVL of around $41.36 million, and $61.9 million in open interest.
You may also like

From real estate to the internet, where is the wealth password for the next decade hidden?

Fintech vs. DeFi: Which Financial System is More Competitive?

Ethereum Repricing: From Rollup-Centric to "Security Settlement Layer"

Stop Talking About Gold, Bitcoin Is Not a Safe Haven Asset

Aave Founder: What Is the Secret of the DeFi Lending Market?
The Trader's Playbook: 7 Market Cycle Lessons From LALIGA’s 90 Minutes
What do LALIGA matches teach about crypto markets? Learn how consolidation, breakouts, and late-cycle volatility shape disciplined trading decisions.
How Smart Money Tracker Survived Live AI Trading at WEEX AI Hackathon
Discover how WEEX AI Trading Hackathon tested strategies with real capital—no simulations. See how Smart Money Tracker survived flash crashes and leveraged 18x in live markets.
80% Win Rate to 40% Drawdown: An AI Trader's Brutal Recalibration at WEEX AI Wars
Dive into the technical blueprint of an AI trading system built on LLaMA reasoning and multi-agent execution. See how Quantum Quaser uses confidence thresholds & volatility filters at WEEX AI Wars, and learn the key to unlocking 95% win rate trades.
AI Trading Strategy Explained: How a Beginner Tiana Reached the WEEX AI Trading Hackathon Finals
Can AI trading really outperform human emotion? In this exclusive WEEX Hackathon finalist interview, discover how behavioral signal strategies, SOL trend setups, and disciplined AI execution secured a spot in the finals.

When AI Takes Over the 'Shopping Journey,' How Much Time Does PayPal Have Left?

Bloomberg: Aid Turkey Freeze $1 Billion Assets, Tether Remakes Compliance Boundary

Polymarket vs. Kalshi: The Full Meme War Timeline

Consensus Check: What Consensus Was Born at the 2026 First Conference?

Resigned in Less Than a Year of Taking Office, Why Did Yet Another Key Figure at the Ethereum Foundation Depart?

Russian-Ukrainian War Prediction Market Analysis Report

Ethereum Foundation Executive Director Resigns, Coinbase Rating Downgrade: What's the Overseas Crypto Community Talking About Today?

Who's at the CFTC Table? A Rebalancing of American Fintech Discourse
AI Trading vs Human Crypto Traders: $10,000 Live Trading Battle Results in Munich, Germany (WEEX Hackathon 2026)
Discover how AI trading outperformed human traders in WEEX's live Munich showdown. Learn 3 key strategies from the battle and why AI is changing crypto trading.
From real estate to the internet, where is the wealth password for the next decade hidden?
Fintech vs. DeFi: Which Financial System is More Competitive?
Ethereum Repricing: From Rollup-Centric to "Security Settlement Layer"
Stop Talking About Gold, Bitcoin Is Not a Safe Haven Asset
Aave Founder: What Is the Secret of the DeFi Lending Market?
The Trader's Playbook: 7 Market Cycle Lessons From LALIGA’s 90 Minutes
What do LALIGA matches teach about crypto markets? Learn how consolidation, breakouts, and late-cycle volatility shape disciplined trading decisions.