Mainstream Perp DEX Overview: Hyperliquid's TVL Continues to Struggle While Trading Volume Surges to $7.5B

By: theblockbeats.news|2026/02/12 19:10:16
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BlockBeats News, February 12th, according to DefiLlama data, mainstream Perp DEX trading volume has generally rebounded, but the positions on each platform remain low, with overall stability. Among them, Hyperliquid maintains a leading trading volume, reaching $7.5 billion in a single day, a significant increase from yesterday; however, its position has not shown a significant rebound. The current situation of major Perp DEX trading volume is as follows:

Hyperliquid 24-hour trading volume is about $75.3 billion, TVL is about $42.3 billion, and open interest is about $49.0 billion;

Aster 24-hour trading volume is about $36.4 billion, TVL is about $10.8 billion, and open interest is about $18.2 billion;

EdgeX 24-hour trading volume is about $35.1 billion, TVL is about $18.5 billion, and open interest is about $10.2 billion;

Lighter 24-hour trading volume is about $23.0 billion, TVL is about $9.22 billion, and open interest is about $7.22 billion;

Grvt 24-hour trading volume is about $18.4 billion, TVL is about $89.26 million, and open interest is about $3.86 billion;

Pacifica 24-hour trading volume is about $7.6 billion, TVL is about $37.87 million, and open interest is about $48.85 million.

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