Mainstream Perpetual DEXs Experience Volume Decline, Hyperliquid Drops by 30%

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According to data from DefiLlama on January 23, 2026, trading volume across major perpetual decentralized exchanges (Perp DEXs) declined over the past 24 hours. Hyperliquid's trading volume fell to $62.3 billion, a 30% decrease from the previous day. Aster also experienced a 30% drop, with $40.6 billion in trading volume. Lighter, EdgeX, Grvt, and Pacifica all recorded lower figures as well.

BlockBeats news: On January 23, according to DefiLlama data, the trading volume of major Perp DEX platforms generally declined over the past 24 hours. Among them, Hyperliquid's trading volume was approximately $6.2 billion, a drop of about 30% compared to the previous day, yet it still ranked first. Aster's trading volume also fell by about 30%, placing it in second position. The current trading volumes of some Perp DEX platforms are as follows:


Hyperliquid 24-hour trading volume is approximately $6.23 billion, TVL is approximately $4.48 billion, and open interest is approximately $8.34 billion;


Aster 24-hour trading volume is approximately $4.06 billion, TVL is approximately $1.22 billion, and open interest is approximately $2.5 billion;


Lighter 24-hour trading volume is approximately $3.75 billion, TVL is approximately $1.02 billion, and open interest is approximately $1.24 billion;


EdgeX has a 24-hour trading volume of approximately $2.9 billion, TVL of about $425 million, and open interest of around $1.08 billion.


Grvt's 24-hour trading volume is approximately $1.85 billion, TVL is about $965 million, and the open interest is approximately $511 million.


Pacifica The 24-hour trading volume is approximately $836 million, TVL is approximately $427.9 million, and the open interest is approximately $789.9 million.

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