Mainstream Perp DEX Overview: Unfunded contract amounts increase while TVL decreases, indicating a slightly higher market risk appetite

By: theblockbeats.news|2025/12/09 19:15:58
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BlockBeats News, December 9th, according to DefiLlama data, in the past 24 hours in the Perp DEX, the open interest for contracts on various platforms has increased, accompanied by a decrease in TVL, indicating some outflow of funds. However, existing funds or new funds may be increasing leverage or opening new positions, showing a growing market speculation and risk appetite. The current trading volume for some Perp DEX platforms is as follows:

Lighter 24-hour trading volume is approximately $86.1 billion, with a TVL of around $13.6 billion and an open interest of $17.4 billion;

Hyperliquid has a 24-hour trading volume of approximately $62 billion, with a TVL of around $43.8 billion and an open interest of $65.4 billion;

referral/aboter" target="_blank">Aster has a 24-hour trading volume of approximately $57.8 billion, with a TVL of around $13.9 billion and an open interest of $26.1 billion;

EdgeX has a 24-hour trading volume of approximately $47.1 billion, with a TVL of around $4.06 billion and an open interest of $8.1 billion;

ApeX has a 24-hour trading volume of approximately $33.5 billion, with a TVL of around $46.6 million and an open interest of $90.82 million;

Backpack has a 24-hour trading volume of approximately $11 billion, TVL not disclosed, and an open interest of $2.07 billion;

Variational has a 24-hour trading volume of approximately $10.3 billion, with a TVL of around $72.86 million and an open interest of $32 billion;

Pacifica has a 24-hour trading volume of approximately $6.82 billion, with a TVL of around $42.24 million and an open interest of $66.66 million.

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