Hyperliquid OI: $8,139,262,632Aster OI: $2,496,476,621|Lighter OI: $1,232,447,968Variational OI: $1,085,845,840Variational has firmly secured its spot as #4 in the perps market imo. Pre-token, so completely a toss-up for post launch but this has steady for months now.Still think there ends up being three major leaders at the end.

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