Overview of Mainstream Perp DEXs: Open Interest Increasing Across Platforms While TVL Declines, Market Risk Appetite on the Rise

BlockBeats news, December 9—According to DefiLlama data, the open interest across various Perp DEX platforms has increased over the past 24 hours, while TVL has decreased, indicating a slight outflow of funds. However, existing or new capital is increasing leverage or opening new positions, reflecting growing market speculation and risk appetite. Current 24-hour trading volumes for select Perp DEXs are as follows: Lighter with approximately $8.61 billion in 24-hour trading volume, TVL around $1.36 billion, and open interest at $1.74 billion; Hyperliquid with about $6.2 billion in 24-hour trading volume, TVL around $438 million, and open interest at $654 million; Aster with about $5.78 billion in 24-hour trading volume, TVL around $1.39 billion, and open interest at $2.61 billion; EdgeX with about $4.71 billion in 24-hour trading volume, TVL around $406 million, and open interest at $810 million; ApeX with about $3.35 billion in 24-hour trading volume, TVL around $46.6 million, and open interest at $90.82 million; Backpack with about $1.1 billion in 24-hour trading volume, TVL not disclosed yet, and open interest at $207 million; Variational with about $1.03 billion in 24-hour trading volume, TVL around $72.86 million, and open interest at $320 million; Pacifica with about $682 million in 24-hour trading volume, TVL around $42.24 million, and open interest at $66.66 million.