On November 21st, according to Defilana data, the market experienced significant volatility today. The continued rise in trading volume on major Perp DEXs led to increased protocol revenue. Hyperliquid topped the list with $4.24 million in 24-hour protocol revenue, followed by Aster and EdgeX. The Perp DEXs with the highest protocol revenue are as follows:
Hyperliquid's 24-hour protocol revenue was $4.24 million, up 13.3% from the previous day. Its 7-day protocol revenue was $23.76 million, with an annualized protocol revenue of $1.188 billion.
Aster's 24-hour protocol revenue was $3.17 million, up 30% from the previous day; its 7-day protocol revenue was $13.98 million, with an annualized protocol revenue of $695 million.
EdgeX's 24-hour protocol revenue was $1.98 million, up 5% from the previous day; its 7-day protocol revenue was $7.28 million, with an annualized protocol revenue of $592 million.
Lighter's 24-hour protocol revenue was $1.2 million, up 9% from the previous day; its 7-day protocol revenue was $7.28 million, with an annualized protocol revenue of $312.8 million.
ApeX's 24-hour protocol revenue was $112,000, up 7.7% from the previous day. Its 7-day protocol revenue was $653,000, with an annualized protocol revenue of $48.5 million.





