On-chain Perp DEX trading volume declines, Hyperliquid crude oil contracts drop 33%

Gate News, March 11 — According to data from DefiLlama, the overall on-chain Perp DEX trading volume has declined recently, but the open interest remains high, indicating that leveraged funds have not yet exited the market. Previously, driven by macro events, market trading volume surged significantly; currently, the market is in a news lull and is waiting for direction. Specifically, Hyperliquid’s trading volume has decreased by about 21% compared to yesterday, with WTI crude oil futures trading volume down 33%, currently at $120 million. The main Perp DEX trading volumes are as follows: Hyperliquid with approximately $7.95 billion in 24-hour trading volume, about $4.51 billion in TVL, and approximately $6.09 billion in open interest; Aster with about $3.06 billion in 24-hour trading volume, approximately $942 million in TVL, and about $2.02 billion in open interest; EdgeX with roughly $2.67 billion in 24-hour trading volume, around $178 million in TVL, and approximately $1.07 billion in open interest; Lighter with about $2.28 billion in 24-hour trading volume, approximately $626 million in TVL, and about $646 million in open interest; Grvt with roughly $1.51 billion in 24-hour trading volume, around $104 million in TVL, and approximately $490 million in open interest; Pacifica with about $485 million in 24-hour trading volume, approximately $36.18 million in TVL, and about $66.24 million in open interest.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Gate Daily (April 17): Musk’s X Money hits a roadblock with New York crypto regulation; Yuga Labs appoints a new CEO

Bitcoin (BTC) is flat at $74,920. A ceasefire between Israel and Lebanon has taken effect, and Trump says Iran agreed not to develop nuclear weapons. Mizuho Bank warns that Musk’s X Money could be affected by New York’s crypto regulation. Yuga Labs replaces its CEO: Greg Solano becomes Chairman of the Board, and Michael Figge takes over. The market is broadly optimistic. A record-high Bitcoin buying wave in the past decade has emerged, suggesting the price may be moving toward $90,000.

MarketWhisper22h ago

Solana and Ripple's 'XRP' Posts Highlight $100M Wrapped XRP Integration

Solana's recent post about "XRP" led to Ripple's reply, influencing XRP's price. This comes amid the launch of wrapped XRP on Solana through Hex Trust and LayerZero, attracting significant liquidity, highlighting an evolving collaboration in the crypto space.

GateNews04-16 11:51

Gate Daily Report (April 16): Tether may have purchased 951 BTC; Virginia enacts crypto property law

Bitcoin continues to rise, reaching $74,630. Tether uses its profits to buy 951 bitcoins. Virginia passes an unclaimed property law, requiring idle cryptocurrency to be transferred to the state government. U.S. stocks are driven by tech stocks, and the S&P 500 index hits a new high. Crypto market dynamics show that investors are paying attention to geopolitical conditions and U.S. monetary policy.

MarketWhisper04-16 01:46

Polygon Launches sPOL to Unlock $3.6B in Staked POL and Boost Staker Rewards

Polygon has launched sPOL, a liquid staking token, enabling greater liquidity for staked POL tokens. Audited for security, sPOL allows stakers to earn rewards while using assets in DeFi, with initial liquidity from the treasury and live pools on Uniswap V4.

GateNews04-15 07:12

XRP Today News: CLARITY Act Pushes Through in May, Standard Chartered Bank Turns Bullish on $8

Ripple CEO Garlinghouse confirmed at the summit that the CLARITY Act’s goal for passage is by the end of May, and said that the controversy surrounding stablecoin yield rates is nearing resolution. If the bill passes, XRP is expected to rise to $5–$10; otherwise, it could fall back to $1.2. The bill’s passage would create a regulatory framework for the digital asset market, clarify XRP’s classification as a commodity, and reduce compliance barriers for institutional investors.

MarketWhisper04-15 02:58
Comment
0/400
No comments