Perp DEX trading volume slowed in November, with Lighter, Hyperliquid, and Aster accounting for nearly 70%
According to ChainCatcher, citing BitcoinNews, decentralized perpetual exchanges (perp DEXes) reached a trading volume of $1.2 trillion in October. In November, trading volume slowed to $1.13 trillion, a decrease of 5.83% ($70 billion), but still 71.7% higher than in September.
Specifically, Defillama data shows that in November, Lighter captured the largest market share with $284 billion, accounting for 25.13% of the total; over $240 billion flowed through Hyperliquid, while Aster's trading volume reached $258 billion. Together, the latter two accounted for 44.07% of the total trading volume.
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.
You may also like
Up 14% since July! Forex options traders bet the Korean won rally will continue
Forex options traders are betting that the Korean won, which has been leading the Asian forex market since July, will continue its strong momentum.

Oppenheimer: Azure and M365 Commercial Edition expected to accelerate in fiscal 2027; Microsoft (MSFT.US) target price raised to $570
Oppenheimer raised Microsoft's target price from $515 to $570 and maintained its "Outperform" rating.
South Korean shares give up early gains as investors head for holidays
Royal Caribbean Cruises (RCL.US) is reportedly close to acquiring a 50% stake in Sandals for nearly 3 billions USD, expanding into the all-inclusive land resort business.
Royal Caribbean is close to finalizing a 3 billion dollar deal to acquire a 50% stake in Sandals.

