Liquidity is low on major Perp DEXs during the Christmas period; tomorrow may be the last distribution of points before Lighter's launch.

[Liquidity on major Perp DEXs is Low During Christmas; Tomorrow May Be the Last Points Distribution Before Lighter Launch] According to Mars Finance, on December 25th, data from DefiLlama showed a significant drop in trading volume on major Perp DEXs over the past 24 hours compared to the previous day. If Lighter launches mainnet and issues its token before the end of the year (December 31st), this Friday may be the last points distribution, potentially keeping Lighter's trading volume active and at the top of the charts. Hyperliquid ranked second, and most platforms saw a slight increase in open interest. Current trading volumes for some Perp DEXs are as follows: Lighter: 24-hour trading volume approximately $5.04 billion, TVL approximately $1.41 billion, open interest $1.55 billion; Hyperliquid: 24-hour trading volume approximately $3.5 billion, TVL approximately $4.13 billion, open interest $7.26 billion; Aster: 24-hour trading volume approximately $2.85 billion, TVL approximately $1.27 billion, open interest $2.43 billion; EdgeX: 24-hour trading volume approximately $1.87 billion, TVL approximately $368 million, open interest $761 million; ApeX: 24-hour trading volume approximately $1.76 billion, TVL approximately $46.26 million, open interest $240 million; Variational: 24-hour trading volume approximately $1.09 billion, TVL approximately $66.18 million, open interest $485 million. $100 million; Backpack's 24-hour trading volume was approximately $813 million, TVL was not disclosed, and open interest was $216 million; Pacifica's 24-hour trading volume was approximately $488 million, TVL was approximately $41.44 million, and open interest was $60.26 million.