bloomingbitbloomingbit

Major DEX perpetual futures trading volume slightly rebounds from weekend low… Hyperliquid ranks first

Source
Minseung Kang
공유하기
  • DeFiLlama's tally shows that major perp DEX trading volumes over the past 24 hours have shown a modest recovery.
  • It reported that ahead of the holidays, institutional and retail investors are on the sidelines, limiting trading activity.
  • The market expects that until the year-end trading halt ends, perp DEX trading volumes will continue to fluctuate within a limited range.
STAT AI Notice
  • The article was summarized using an artificial intelligence-based language model.
  • Due to the nature of the technology, key content in the text may be excluded or different from the facts.
photo=BINK0NTAN/ Shutterstock
photo=BINK0NTAN/ Shutterstock

As liquidity in the crypto (cryptocurrency) derivatives market has slowed, trading volumes on major perpetual futures (perp) decentralized exchanges (DEXs) have shown a limited rebound compared to the weekend low.

On the 23rd, crypto-focused media BlockBeats reported that, according to DeFiLlama's tally, major perp DEX volumes over the past 24 hours generally showed a mild recovery. However, with the Christmas holidays approaching, both institutional and retail investors have been on the sidelines, limiting trading activity.

By platform, Hyperliquid maintained the lead with approximately $6.18 billion in 24-hour trading volume. Total value locked (TVL) was about $4.12 billion, and open interest was $7.35 billion.

Raiter followed with about $5.81 billion in trading volume; TVL was $1.41 billion, and open interest was about $1.6 billion. Aster recorded about $5.11 billion in 24-hour trading volume, TVL of $1.28 billion, and open interest of $2.41 billion.

Others were EdgeX ($2.99 billion), Apex ($1.91 billion), Backpack ($1.3 billion), Variational ($960 million), and Pacifica ($589 million), respectively.

Market observers say that until the year-end holiday trading halt ends, perp DEX trading volumes are more likely to continue fluctuating within a limited range rather than showing a clear direction.

publisher img

Minseung Kang

minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.

Feel free to share your thoughts and questions about the news!

What did you think of the article you just read?