Just checked the latest dex market data and TradeXYZ is absolutely dominating right now. Hit $2.4 billion in 24h trading volume with $2.2 billion open interest - that's insane for a single platform. It's basically carrying 34% of the entire dex market on Hyperliquid alone.



The whole dex market landscape is getting interesting though. TradeXYZ leads the pack, but EdgeX is pushing hard with $2.2B volume and $1B open interest. Lighter, Aster, Pacifica - they're all fighting for pieces of the pie too. Lighter's at $1.88B volume, Aster around $1.83B. Even the smaller players like Pacifica at $431M volume are showing up.

Hyperliquid as a whole is doing $7.1B in daily volume across the dex market ecosystem. Feels like the perpetual dex market is really heating up this cycle. Curious to see if TradeXYZ can hold this dominance or if we'll see more competition shake things up.
HYPE3.49%
EDGEX8.14%
LIT2.19%
ASTER0.33%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin