Lighter has overtaken Hyperliquid in perpetual futures trading volume, recording $30.9 billion over the past week. Hyperliquid, in comparison, reported $21.5 billion in the same period, highlighting the intensifying competition in the perps market. In the DeFi lending sector, Aave's dominance has slightly decreased, holding 86% of the revenue share, down from 91% in January. Meanwhile, Solana-based tokens such as JTO and DRIFT are leading gains, contrasting with declines in Layer 2 and Ethereum-linked tokens. Bitcoin remains a focal point for traders, particularly in cross-chain activities.