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Hyperliquid reclaims the perpetual DEX leadership, with a 7-day trading volume of 40.7 billion ranking first
According to Wu Shuo, data from CryptoRank shows that with the distribution of the Lighter airdrop, perpetual contract trading volume has significantly declined, with weekly trading volume dropping nearly 3 times from its peak, and Hyperliquid regaining its position as the leading perpetual DEX. In the past 7 days, Hyperliquid’s trading volume was approximately $40.7 billion, higher than Aster’s $31.7 billion and Lighter’s $25.3 billion. In terms of open interest for contracts not closed within 24 hours, Hyperliquid leads with about $9.57 billion. Besides Hyperliquid, platforms such as Aster, Lighter, Variational, edgeX, and Paradex have a combined OI of approximately $7.34 billion.