Mainstream Perp DEX Overview: Most platforms see increased trading volume, with Hyperliquid's open interest experiencing a slight uptick
January 27th — Per DefiLlama data, trading volumes across most DeFi platforms have rebounded today.
Hyperliquid remains the top in trading volume, with open interest up nearly 10% from yesterday. Lighter has seen a sharp rebound in volume, now ranking second; Pacifica’s volume, however, is down from yesterday.
Key 24-hour stats for major perpetual DEXs (Perp DEXs) are below:
- **Hyperliquid**: ~$7.14B trading volume | ~$4.41B TVL | ~$8.12B open interest
[Link: https://app.hyperliquid.xyz/join/NTOD]
- **Lighter**: ~$4.24B trading volume | ~$1.00B TVL | ~$1.22B open interest
[Link: https://app.lighter.xyz/?referral=70045843]
- **EdgeX**: ~$3.53B trading volume | ~$0.235B TVL | ~$1.03B open interest
- **Aster**: ~$3.27B trading volume | ~$1.22B TVL | ~$2.52B open interest
[Link: https://www.asterdex.com/zh-CN/referral/aboter]
- **Paradex**: ~$1.94B trading volume | ~$0.219B TVL | ~$0.759B open interest
- **Extended**: ~$1.82B trading volume | ~$0.209B T
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「Strategy Opponent Liquidation」 cleared long positions for BTC and other assets and switched to shorting DASH. The current unrealized profit has reached $1.26 million.
**January 27**
Per data from the [Coinbob Popular Address Monitor](https://t.me/Coinbob_track_CN) (target="_blank"), the "Strategy Whales" address (0x94d3...) added roughly 26,000 DASH to its short position over the past hour—worth approximately $1.92 million.
Following the move, the address’s total DASH short position now stands at ~$8.92 million. Its average entry price dropped from $74.56 to $72.14, while the position’s current unrealized profit is ~$1.26 million (70%). The liquidation price for the position is around $298.
The address has previously conducted intraday trades in major coins like BTC and ETH with volumes exceeding $100 million. Recently, however, it has not initiated any new positions for four straight days, shifting its focus to ramping up DASH shorts.
Since last December, the address has been building its position with an initial account size of ~$20 million. It has since added short positions in major coins including BTC and ETH—contrary to publicly tra
1 minutes ago
Ray Dalio: The United States is at the brink of the fifth stage of the "Long-Term Debt Cycle," facing risks of a civil war and an order breakdown.
**January 27: Ray Dalio, founder of Bridgewater Associates, shared a lengthy, in-depth analysis on social media, warning the U.S. is currently in the fifth stage of his "long-term debt cycle" theory—on the cusp of an order breakdown—with multiple indicators pointing to a potential slide into the sixth stage (civil war and order collapse).**
His key judgment factors include:
- **Fiscal Deterioration & Conflict**: High government deficits, ballooning debt, and record-high wealth and values gaps form a "classic deadly combination."
- **Populism & Polarization**: Growing political polarization, muted moderate voices, media as a partisan tool, and an erosion of truth in the public sphere.
- **Escalating Violence**: The recent death of a Minneapolis protester and tensions between federal and state governments are clear signs of a shift toward the sixth stage.
- **Systemic Dysfunction**: Legal and political systems increasingly weaponized in conflicts, with rules giving way to "win
1 minutes ago
Meme Coin 'Dividend Doge' Market Cap Briefly Hits $10 Million Before Falling Back, GOUT Team Tries to Recreate Previous Thousandfold Surge
On January 27th, per GMGN monitoring (link: https://gmgn.ai/bsc/token/i_m4TE56o8_0x9c573c93c4a25dac626fe09d6ae41d184d8f7777), BSC meme coin Dividend Doge briefly surged to a $10 million market cap before pulling back to ~$7.6 million. It’s currently trading at $0.0076 with a roughly 55% 24-hour price gain.
Much of the market buzz stems from two drivers: prior FOMO around meme coin GOUT (which briefly jumped 1,000x) and Dividend Doge’s new auto-WBNB dividend feature.
GOUT previously saw a brief 1,000x surge, hitting a $140 million market cap at one point. It also took first place in the BNB Chain Meme Trading Contest back in December 2024—but now its market cap is under $2 million, with prices near zero.
Dividend Doge is a rework from the GOUT team on the Flap platform, adding a dividend feature to its mechanics. The team is likely aiming to replicate GOUT’s past market success.
1 minutes ago
A whale unstaked 295,000 HYPE tokens and made a profit of $4.92 million after 14 months
On January 27th, LookOnChain monitoring data shows that 14 months ago, a crypto whale spent 2.58 million USDC to purchase 295,917 HYPE tokens at $8.74 each before staking the entire holding.
On the same day, the whale unstaked and sold all holdings for 7.51 million USDC, netting a $4.92 million profit. At its peak, the position’s profit had topped $15 million.
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