According to DefiLlama, March 25 data showed perpetual futures DEX trading volumes eased while open interest increased, with Hyperliquid still leading the sector and Aster ranking second by daily volume.
DefiLlama data for March 25 showed that mainstream perpetual futures DEX volumes edged lower while open interest rose. Hyperliquid remained the largest venue, recording $7.81 billion in 24-hour trading volume and $7.07 billion in open interest. Aster ranked second by daily volume at $2.58 billion. Compared with the March 24 snapshot, Hyperliquid’s reported daily volume declined from $12.276 billion while its open interest increased from $6.773 billion, indicating lower trading activity but a larger outstanding derivatives position base.