On January 28, according to DefiLlama, most platforms recorded daily volume growth, with Hyperliquid’s activity dipping but open interest climbing to $8.49B.
DefiLlama data for January 28 shows most trading platforms experienced daily volume growth, though Hyperliquid’s volume fell to $6.52 billion while its open interest rose to $8.49 billion. Lighter ranked second with $3.91 billion in volume, followed by EdgeX at $3.27 billion. These metrics indicate shifting activity and increased outstanding derivatives positions on leading crypto exchanges.