During the Christmas period, mainstream Perp DEX liquidity is low, tomorrow may be the last reward distribution before Lighter goes live

By: theblockbeats.news|2025/12/25 11:23:22
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BlockBeats News, December 25th, according to DefiLlama data, the 24-hour trading volume of mainstream Perp DEX has significantly fallen again compared to the previous day. If Lighter is set to launch its mainnet and issue coins by the end of the 31st, this Friday may be its final token distribution, potentially keeping Lighter's trading volume active at the top. Hyperliquid ranks second, with a slight increase in most platforms' open interest. The current trading volume of some Perp DEXs is as follows:

Lighter's 24-hour trading volume is around $50.4 billion, TVL is about $14.1 billion, and open interest is $15.5 billion;

Hyperliquid has a 24-hour trading volume of around $35 billion, TVL of about $41.3 billion, and open interest of $72.6 billion;

Aster has a 24-hour trading volume of around $28.5 billion, TVL of about $12.7 billion, and open interest of $24.3 billion;

EdgeX has a 24-hour trading volume of around $18.7 billion, TVL of about $3.68 billion, and open interest of $7.61 billion;

ApeX has a 24-hour trading volume of around $17.6 billion, TVL of about $46.26 million, and open interest of $2.4 billion;

Variational has a 24-hour trading volume of around $10.9 billion, TVL of about $66.18 million, and open interest of $4.85 billion;

Backpack has a 24-hour trading volume of around $8.13 billion, TVL undisclosed, and open interest of $2.16 billion;

referral=pacbot" target="_blank">Pacifica has a 24-hour trading volume of around $4.88 billion, TVL of about $41.44 million, and open interest of $60.26 million.

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