Aster Dominates Record $1.4 Trillion Perpetuals DEX Trading Volume in September

Perpetual DEX trading volumes topped $1.43 trillion in September, a nearly 50% month-over-month increase. Aster led with more than $670 billion, while Hyperliquid and Lighter crossed $100 billion each. Perp DEX Volumes Break $1.4 Trillion in September, Led by Aster and Hyperliquid Perpetual decentralized exchanges (Perp DEXs) recorded a historic milestone in September, with monthly … Read more

Aster, Hyperliquid, and More: Nearly $1 Trillion in Perp DEX Trades Recorded in Just 30 Days

With the perpetual decentralized exchange (DEX) wars blazing hotter than a meme coin rally, defillama.com shows the battlefield tally: nearly a trillion dollars in trades over the last week, with a cool $869.189 billion stamped on the books. Aster and Hyperliquid Command 52.80% of $869B Perp DEX Market Perp DEXs are the current obsession, and … Read more

2025’s Perp DEX Wars: New Money, New Tech, No off-Switch

Perpetual futures have become crypto’s main event, and the perp DEX wars—led by Hyperliquid, Aster, GMX, DYdX, ApeX, Drift, Jupiter, EdgeX, and Sunperp—are where the action won’t quit. From Order Books to Onchain: Inside 2025’s Perp DEX Dogfight Perpetuals are derivatives without an expiry; funding payments between longs and shorts keep contract prices tethered to … Read more

Tron’s Sunperp Debuts as Perp DEX Competition Intensifies

Tron’s latest entrant in decentralized derivatives, Sunperp, has opened for traders, adding a new venue to a field crowded by perp players like Hyperliquid, Avantis, Aster, Dydx, GMX, and Jupiter. Sunperp Opens on Tron; Traders Eye Fees, Slippage, and Funding Positioned as a perpetuals-focused decentralized exchange (DEX) on Tron, Sunperp outlines design choices aimed at … Read more