perp dex volume is back above $400b for the month.
$423b in volume has gone through the top 8 perp dexs over the last 30 days, up 9.1% from the previous month.
here are the 5 platforms with the biggest increases:
> hyperliquid +21%
> aster +19%
> variational +16%
> lighter +8%
> extended +5.6%
hyperliquid still controls 58% of the market, while the top 3 platforms account for 79% of total monthly volume.
hyperliquid alone recorded $19.42b in perp volume on august 21, alongside $12.87b in open interest and 83,841 active traders.
so there’s a lot more liquidity moving through onchain derivatives than there was a month ago.
hyperliquid still has a lot to prove.
$423b in volume has gone through the top 8 perp dexs over the last 30 days, up 9.1% from the previous month.
here are the 5 platforms with the biggest increases:
> hyperliquid +21%
> aster +19%
> variational +16%
> lighter +8%
> extended +5.6%
hyperliquid still controls 58% of the market, while the top 3 platforms account for 79% of total monthly volume.
hyperliquid alone recorded $19.42b in perp volume on august 21, alongside $12.87b in open interest and 83,841 active traders.
so there’s a lot more liquidity moving through onchain derivatives than there was a month ago.
hyperliquid still has a lot to prove.
