According to Mars Finance, on March 23, data from DefiLlama showed that trading activity on major Perp DEX platforms generally declined over the weekend. Hyperliquid's trading volume decreased by nearly half compared to Friday, falling to approximately $4.9 billion, but its open interest remained high; EdgeX ranked second with a trading volume of $2.9 billion. The latest trading volume rankings for each platform are as follows: Hyperliquid: 24-hour trading volume approximately $4.9 billion, open interest approximately $6.83 billion; EdgeX: 24-hour trading volume approximately $2.97 billion, open interest approximately $1.11 billion; Aster: 24-hour trading volume approximately $2.5 billion, open interest approximately $1.81 billion; Lighter: 24-hour trading volume approximately $1.38 billion, open interest approximately $672 million; Grvt: 24-hour trading volume approximately $944 million, open interest approximately $473 million; Backpack: 24-hour trading volume approximately $814 million, open interest approximately $217 million; Pacifica: 24-hour trading volume approximately $268 million, open interest approximately $68.52 million.
A summary of major Perp DEXs over the weekend: Trading volume cooled across all platforms, with Hyperliquid open interest slightly decreasing.
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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