Overview of major Perp DEXs: Crypto and traditional market volatility resonate, Hyperliquid's open interest reaches nearly three-month high

BlockBeats News, May 8, according to DefiLlama data, the overall trading volume in the on-chain Perp DEX market has rebounded. Due to recent significant fluctuations across US stocks, commodities, and the crypto market, the open interest on the Hyperliquid platform has been steadily rising, reaching its highest level since mid-January this year at approximately $9.11 billion.

Within the HIP-3 ecosystem, trading activity on Trade.xyz is robust, with both trading volume and open interest rebounding to their monthly highs. The current ranking of major Perp DEX trading volumes is as follows:

Hyperliquid: 24-hour trading volume is about $8.27 billion, open interest is $9.11 billion;

-Trade.xyz: 24-hour trading volume is about $3.34 billion, open interest is $2.18 billion;

EdgeX: 24-hour trading volume is about $2.19 billion, open interest is $945 million;

Aster: 24-hour trading volume is about $1.87 billion, open interest is $2.31 billion;

Lighter: 24-hour trading volume is about $1.59 billion, open interest is $747 million;

Pacifica: 24-hour trading volume is about $438 million, open interest is $90.05 million.