Perpetual decentralized exchange trading grew 6.99% over the week, with Hyperliquid recording $62.581 billion in seven-day volume, more than any other venue in the reported rankings.
GMX’s $7.795 billion represented a 160% weekly rise. Lighter recorded $19.511 billion, while Variational and Aster posted $13.6 billion and $11.152 billion, respectively.
Open interest across perpetual DEXs was about $12.88 billion, alongside roughly $7.22 billion in 24-hour volume. The rolling 30-day trading total was $642.68 billion.
Perpetual trading volume measures the value of contracts traded and includes leveraged activity. Spot DEX volume tracks token swaps, so the two figures do not measure the same kind of trading.
For earlier context, Hyperliquid held about 53% of perpetual DEX open interest in Q3 2026. That measure tracks outstanding positions, while the latest rankings cover trading volume over seven days.



