Mainstream Perp DEX Overview: Hyperliquid Trading Volume Rebounds to $11.7 Billion, EdgeX Surpasses Lighter in Daily Trading Volume

As of February 3rd, DefiLlama data shows Hyperliquid’s trading volume has surged to $117.8 billion (holding the top spot), while EdgeX has recently seen active trading volume—surpassing Lighter to now rank third. Despite a sharp rise in trading volume across major perpetual DEXs, open interest has remained stable. This reflects current market activity is dominated by position turnover and adjustments, with relatively weak momentum for new position openings. Key 24-hour metrics for top Perp DEXs are below: - **Hyperliquid** (https://app.hyperliquid.xyz/join/NTOD): ~$117.8B trading volume, ~$44.0B TVL, ~$60.2B open interest - **Aster** (https://www.asterdex.com/en-US/referral/aboter): ~$63.8B trading volume, ~$11.4B TVL, ~$20.8B open interest - **EdgeX**: ~$54.1B trading volume, ~$2.00B TVL, ~$8.61B open interest - **Lighter** (https://app.lighter.xyz/?referral=70045843): ~$44.4B trading volume, ~$9.53B TVL, ~$11.3B open interest - **Extended**: ~$29.6B trading volume, ~$2.18B TVL, ~$3.16B open interest - **Pacifica** (https://app.pacifica.fi/?referral=pacbot): ~$9.53B trading volume, ~$42.10M TVL, ~$63.57M open interest *(Note: The initial "$11.7 billion" in the original text appears to be a typo; the specific metric in the list is used for consistency.)*