According to DefiLlama data on March 19, Hyperliquid’s perpetual DEX activity rebounded sharply, with 24-hour volume rising 25.9% day over day and open interest climbing to about $7.05 billion.
DefiLlama data on March 19 showed Hyperliquid strengthening its lead in perpetual decentralized exchange trading. The platform posted about $8.51 billion in 24-hour volume, up 25.9% from the prior day, while open interest reached roughly $7.05 billion. The reported daily volume was higher than the combined total of the top 10 Perp DEXs, indicating that Hyperliquid remained the dominant venue in the sector even as broader derivatives activity was being closely watched.