Aster has emerged as the leading perpetual decentralized exchange (DEX) with a staggering 24-hour trading volume of approximately $82.53 billion, marking a 355.9% increase over the past week. The platform also boasts a total value locked (TVL) of $2.414 billion, according to data from perpetualpulse and Dune as of October 3, 2025. Meanwhile, Hyperliquid holds the second position with a 24-hour trading volume of $10.28 billion, despite experiencing a 15.6% decline over the past seven days. Hyperliquid's TVL stands at $5.733 billion, highlighting its significant market presence despite the recent dip in trading activity.