Perpetual DEX Volume Slows on Weekend, Hyperliquid's Open Interest Rises 10%

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Perpetual DEX trading volume declined over the weekend, while open interest on Hyperliquid increased by 10% week-on-week. Hyperliquid remained in first place with $3 billion in 24-hour trading volume. Variational and Paradex experienced volume growth, ranking fourth and fifth, respectively. Open interest continues to be a key metric for traders evaluating market positioning.

BlockBeats news: On January 4, according to DefiLlama data, Perp DEX trading volume was relatively weak over the weekend. Hyperliquid topped the list with approximately $3 billion in trading volume, and its open interest increased by about 10% compared to last week. Meanwhile, Variational and Paradex continued to see rising trading volumes, currently ranking fourth and fifth, respectively. Current trading volumes for some Perp DEX platforms are as follows:


Hyperliquid 24-hour trading volume is approximately $3.09 billion, TVL is approximately $4.18 billion, and open interest is $7.77 billion;


Lighter has a 24-hour trading volume of approximately $2.87 billion, TVL of about $1.27 billion, and open contracts of $1.4 billion;


Aster 24-hour trading volume is approximately $2.5 billion, TVL is about $1.24 billion, and open interest is $260 million;


Variational has a 24-hour trading volume of approximately $1.53 billion, TVL of about $661.8 million, and open interest of $779 million.


Paradex 24-hour trading volume is approximately $1.47 billion, TVL is about $170 million, and the open interest is $79.9 million;


EdgeX 24-hour trading volume is approximately $1.39 billion, TVL is about $359 million, and the open interest is $803 million.


Pacifica The 24-hour trading volume is approximately $668 million, TVL is about $428.9 million, and the open interest is $738.8 million.

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