BlockBeats report, March 11: According to DefiLlama data, overall trading volume on chain-based Perp DEXs has declined, but open interest remains high, indicating that leveraged funds have not yet exited. Previously driven by macro events, trading volume had surged significantly; the market is currently in a news vacuum and remains in wait-and-see mode.
Looking specifically, Hyperliquid's trading volume decreased by approximately 21% compared to yesterday, with WTI crude oil contract volume dropping 33% to $120 million. The current top Perp DEX trading volumes are as follows:
Hyperliquid has a 24-hour trading volume of approximately $7.95 billion, a TVL of approximately $4.51 billion, and an open interest of approximately $6.09 billion;
Aster has a 24-hour trading volume of approximately $3.06 billion, a TVL of approximately $942 million, and an open interest of approximately $2.02 billion;
EdgeX has a 24-hour trading volume of approximately $2.67 billion, a TVL of approximately $178 million, and an open interest of approximately $1.07 billion;
Lighter has a 24-hour trading volume of approximately $2.28 billion, a TVL of approximately $626 million, and an open interest of approximately $646 million;
Grvt has a 24-hour trading volume of approximately $1.51 billion, a TVL of approximately $104 million, and an open interest of approximately $490 million;
Pacifica has a 24-hour trading volume of approximately $485 million, a TVL of approximately $36.18 million, and an open interest of approximately $66.24 million.