Aster Leads Perpetual DEX Volume Rankings with $10.6 Billion in 24 Hours

Aster recorded the highest 24-hour trading volume among perpetual decentralized exchanges, surpassing rivals Lighter and Hyperliquid.

HYPE

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Terms & Concepts
  • Perpetual DEX: A decentralized exchange that enables perpetual futures trading, allowing users to open leveraged positions without expiry dates.
  • Trading Volume: The total value of all trades executed on an exchange over a specific period, used to measure market activity.
  • Decentralized Exchange (DEX): A platform that facilitates peer-to-peer cryptocurrency trading without intermediaries, operating on blockchain technology.