Mainstream Perp DEX Overview: Weekend Trading Volume Sluggish, with Less than $4 Billion in 24-hour Volume on Each Platform
On December 22, data from DefiLlama shows that the 24-hour trading volume of major perpetual DEXs (Perp DEXs) has fallen below $4 billion, with weekend volumes showing slight weakness. Lighter leads the rankings, followed by Aster and EdgeX. Notably, while Hyperliquid’s 24-hour trading volume is only around $2.4 billion, its perpetual contract open interest continues to climb as existing capital adds leverage.
Key metrics for top Perp DEXs are listed below:
- **Lighter**: 24h volume ~$3.84B; TVL ~$1.41B; Open interest ~$1.65B
- **Aster** (https://www.asterdex.com/en/referral/aboter): 24h volume ~$3.51B; TVL ~$1.3B; Open interest ~$2.42B
- **EdgeX**: 24h volume ~$2.45B; TVL ~$370M; Open interest ~$761M
- **Hyperliquid** (https://app.hyperliquid.xyz/join/NTOD): 24h volume ~$2.43B; TVL ~$4.15B; Open interest ~$7.08B
- **ApeX**: 24h volume ~$1.61B; TVL ~$46.45M; Open interest ~$175M
- **Backpack**: 24h volume ~$1.21B; TVL not disclosed; Open interest ~$2.32B
- **Variationa
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Pre-market Crypto Stock Concept Soars, BitMine Up Over 4.2%
On December 22, U.S.-listed cryptocurrency-related stocks posted broad pre-market gains, with Ethereum Decentralized Treasury (DAT) leading the upward move. Notable performers included:
- Circle (CRCL): +1.5%
- MicroStrategy (MSTR): +1.93%
- Coinbase (COIN): +1.97%
- MARA Holdings (MARA): +1.57%
- Riot Blockchain (RIOT): +1.93%
- BitMine Immersion (BMNR): +4.2%
- SharpLink Gaming (SBET): +2.04%
This rewrite uses concise, American English financial jargon (e.g., "posted broad gains," "leading the upward move," "notable performers") and clear formatting typical of U.S. market briefs.
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Hyperliquid Clarifies False Accusations: Platform's Status Transparent and Verifiable, Progressive Decentralization Will Ultimately Be Fully Open Source
On December 22, Hyperliquid issued a clarification addressing a recent article that leveled unfounded accusations against the platform. The article alleged issues with Hyperliquid’s solvency, integrity, and transparency; the protocol responded to 10 specific claims as follows:
1. **$3.62B under-collateralization**: False. The article’s author overlooked HyperEVM USDC (parallel to the Arbitrum bridge). Current total USDC holdings: $43.51B.
2. **Transaction volume manipulation via TestnetSetYesterdayUserVlm**: False. This is a testnet-only feature and cannot be invoked on mainnet.
3. **Privileged users (fee waivers, airdrop manipulation)**: False. All fees, balances, and transactions are on-chain visible; no distortion mechanisms exist.
4. **CoreWriter “God Mode” (minting, fund transfers)**: False. This refers to how HyperEVM smart contracts send operations to HyperCore—no such privileged access exists.
5. **Governance freezing the chain (no undo)**: Misunderstanding. Freezing
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DWF Labs has completed its first physical gold transaction and plans to enter the RWA market.
On December 22, DWF Labs partner Andrei Grachev announced the firm has completed its first physical gold transaction—a test trade involving a 25kg gold bar, which went smoothly.
DWF Labs is scaling up operations and plans to facilitate future transactions for physical silver, platinum, and cotton. Its vision is to establish a significant presence in the real-world asset (RWA) market.
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「Hyperliquid Former Employee」 Sold Over $3.3M Worth of HYPE Spot This Month, Incurred a $1.43M Monthly Loss
On December 22nd, data from Coinbob Popular Address Monitor shows the address linked to a former Hyperliquid employee (0x7ae) has been consistently selling HYPE spot tokens since this month.
The address cut its HYPE holdings from $5.85 million to $2.48 million, a total reduction of over 70,000 tokens. It currently holds ~98,200 HYPE tokens.
Amid HYPE’s price decline, the address has incurred a $1.43 million monthly loss, with ~$4.2 million remaining in its account. Additionally, it holds a small HYPE short position with an average entry price of $24.17—facing an unrealized loss of 43.5% and a position size of ~$25,800.
The address first gained attention for shorting HYPE and its ties to the Hyperliquid team. In a recent post today, the Hyperliquid team stated the address belongs to a former employee dismissed in Q1 2024, who is now fully disassociated from Hyperliquid Labs. The team clarified the individual’s actions do not reflect the team’s standards or values.
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DVLT is pleased to announce that it has been awarded two key U.S. patents, further advancing on-chain content management and the tokenization of intellectual property portfolio
On December 22, US-listed Datavault AI Inc. (DVLT) announced it has been awarded two key U.S. patents to advance its on-chain content management and tokenized intellectual property (IP) portfolio, per Globenewswire. The newly issued patents cover a groundbreaking system and method leveraging blockchain technology and smart contracts for secure content licensing and tokenized currency.
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