Hyperliquid’s 24-hour trading volume reached $9.6 billion on March 4, 2026, marking a 37% week-over-week increase in trading activity. This surge comes as other Perp DEX platforms report flat or declining volumes. Despite the rise in trading activity, open interest remained unchanged. DefiLlama data shows Hyperliquid continues to lead its peers in trading volume growth.

ChainThink news, March 4: According to DefiLlama data, among major Perp DEXs, Hyperliquid has seen a significant increase in trading activity, with a 24-hour trading volume reaching $9.6 billion, a 37% week-over-week increase, while open interest has not risen proportionally. Trading volumes on other platforms have remained relatively stable, with some experiencing slight declines. The current ranking of major Perp DEX trading volumes is as follows:


hyperliquid volumes - Hyperliquid 24-hour trading volume reaches $9.6 billion, with 37% weekly growth.

Hyperliquid has a 24-hour trading volume of approximately $9.63 billion, a TVL of approximately $4.32 billion, and an open interest of approximately $5.62 billion;

hyperliquid volumes - Hyperliquid 24-hour trading volume reaches $9.6 billion, with 37% weekly growth.


Aster has a 24-hour trading volume of approximately $2.71 billion, a TVL of approximately $1.01 billion, and an open interest of approximately $1.81 billion;


Lighter has a 24-hour trading volume of approximately $2.35 billion, a TVL of approximately $850 million, and an open interest of approximately $666 million;


EdgeX has a 24-hour trading volume of approximately $1.91 billion, a TVL of approximately $179 million, and an open interest of approximately $1.01 billion;


Grvt has a 24-hour trading volume of approximately $1.68 billion, a TVL of approximately $93.98 million, and an open interest of approximately $431 million;


Pacifica has a 24-hour trading volume of approximately $371 million, a TVL of approximately $36.09 million, and an open interest of approximately $66.64 million.