COINOTAG News, citing DefiLlama data, notes a cooling trend in the past 24 hours across the Perp DEX landscape. Among venues, Hyperliquid remained robust, topping the field in 24-hour volume while open interest and TVL moved only marginally.

Hyperliquid posted roughly $82.7 billion in 24-hour volume, with a TVL near $44.6 billion and open interest around $68.5 billion.

Lighter registered about $70.8 billion in turnover, with TVL near $14 billion and open interest close to $17.9 billion.

Across the remaining platforms, Aster logged about $66.3 billion in 24-hour volume with a TVL of $13.6 billion and open interest of $26.9 billion; EdgeX saw $49.5 billion in volume, TVL $4.06 billion, open interest $8.3 billion; ApeX posted $32.4 billion volume, TVL $47.08 million, open interest $90.9 million; Backpack generated $14.6 billion in volume and an open interest of $2.03 billion; Variational $10.3 billion, TVL $66.18 million, open interest $33.4 million; Pacifica $9.2 billion, TVL $42.08 million, open interest $65.92 million.