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Lighter Overtakes Hyperliquid in Perpetual DEX Daily Trading Volume

Cointelegraph reports Lighter reached $8.83 billion in 24-hour perpetual decentralized exchange trading, surpassing Hyperliquid's $8.52 billion on Dec. 11.

HYPE

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Terms & Concepts
  • Perpetual DEX: A decentralized exchange that offers perpetual futures contracts, enabling continuous trading without expiry dates.
  • Perpetual Futures: A type of derivative contract without an expiration date, allowing traders to hold positions indefinitely.