COINOTAG News, December 16, citing DefiLlama, notes a notable rebound in 24-hour trading volume across leading perp DEXs, reversing yesterday’s softness and signaling renewed DeFi liquidity in mainstream venues. The rally highlights intensified activity and evolving open interest and TVL dynamics among top platforms.

Within the cohort, Aster posts the largest 24-hour trading volume at about $9.27 billion, accompanied by a TVL near $1.32 billion and open interest around $2.5 billion, illustrating sustained demand for high-cap perpetual exposure.

Lighter records about $7.65 billion in 24-hour volume, a TVL of roughly $1.41 billion, and open interest near $1.72 billion, while Hyperliquid shows $7.29 billion in 24-hour volume, a TVL of $4.33 billion, and open interest of about $7.3 billion.

Rounding out the sector, EdgeX, ApeX, Variational, and Pacifica contribute to a diversified liquidity footprint across the perp DEX landscape.