Major perpetual decentralized exchanges (Perp DEXs) experienced a significant drop in trading volumes over the weekend, according to DefiLlama data. Aster emerged as the leader with a 24-hour transaction volume of approximately $4.07 billion, while most other platforms reported volumes below $3 billion.
Despite an upcoming launch, Lighter's trading volume continued to decline. Meanwhile, Hyperliquid recorded a slight increase in open interest. Other platforms such as EdgeX, ApeX, and Pacifica also reported lower trading volumes, reflecting a broader trend of reduced activity in the Perp DEX market.
Aster Leads Perp DEXs with $4.07B as Trading Volumes Decline
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