Perpetual DEXES Dominate Weekly Trading Volume Charts

The cryptocurrency market has seen a surge in popularity for Perpetual Decentralized Exchanges (DEXES), which allow users to trade perpetual futures contracts without the need for intermediaries. The Top 15 Perpetual DEXES by Weekly Trading Volume report aims to highlight the top-performing exchanges in this space.

According to the report, Hyperliquid takes the lead with an impressive $4.2B in Total Volume Locked (TVL) and $35.4B in weekly trading volume over the past 7 days. This is a significant achievement for the exchange, which has been growing rapidly in recent times.

Lighter comes in second place, with 248.1K active addresses and a TVL of $873.0M. The exchange has also shown considerable growth in revenue, generating $17.0B over the past week. Aster is another notable exchange on the list, with a TVL of around $1.0B and $16.4B in revenue generated.

Other exchanges on the list include edgeX, ApeX, Grvt, Variational, tradeXYZ, Extended, StandX, Pacifica, Nado, MYX, Reya, Paradex, and Aster. Each of these exchanges has its own unique features and achievements, but they all share a commitment to providing secure and efficient trading experiences for their users.

The report is based on data collected over the past 30 days and provides valuable insights into the performance of each exchange. It also highlights the growing demand for Perpetual DEXES in the cryptocurrency market, which is expected to continue in the coming months.