Hyperliquid Tops 24-Hour Perp DEX Volume as TVL Remains Steady Across Platforms, DefiLlama Data
DefiLlama data show a broad uptick in 24-hour volume across top perp DEXs, with liquidity shifting in the sector. Hyperliquid leads at about $79.1 billion in volume, a TVL near $41.6 billion, and open interest around $66.7 billion. Aster reports roughly $76.3 billion in volume, $13.0 billion TVL, and $24.1 billion OI. Lighter sits at about $73.2 billion, $14.6 billion TVL, and $16.5 billion OI, while EdgeX and ApeX show smaller activity.
TVL movement remains largely contained for most platforms, with selective shifts. Open Interest shows a mixed trajectory versus yesterday, signaling cautious trader sentiment. The data highlight Hyperliquid‘s liquidity leadership, while ApeX, EdgeX and Pacifica contribute incremental depth to the market.
For investors, the takeaway is clear: monitor open interest and TVL dispersion across venues to assess liquidity resilience. As token-release expectations wane for some projects, sustained activity across venues may indicate durable interest in the DeFi perpetual space.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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