Liquidity on mainstream Perp DEX is low during Christmas, and tomorrow may be the last reward distribution before Lighter's launch.

On December 25, according to DefiLlama data, the trading volume of mainstream Perp DEXs over the past 24 hours has once again significantly declined compared to the previous day. If Lighter launches its mainnet and issues tokens by the end of the 31st, this Friday may be its last opportunity for point distribution, which could keep Lighter’s trading volume active and at the top of the list. Hyperliquid ranks second, with most platforms showing a slight increase in open interest. The current 24-hour trading volumes of some Perp DEXs are as follows: Lighter approximately $5.04 billion, TVL approximately $1.41 billion, open interest $1.55 billion; Hyperliquid approximately $3.5 billion, TVL approximately $4.13 billion, open interest $7.26 billion; Aster approximately $2.85 billion, TVL approximately $1.27 billion, open interest $2.43 billion; EdgeX approximately $1.87 billion, TVL approximately $368 million, open interest $761 million; ApeX approximately $1.76 billion, TVL approximately $46.26 million, open interest $240 million; Variational approximately $1.09 billion, TVL approximately $66.18 million, open interest $485 million; Backpack approximately $813 million, TVL not publicly available, open interest $216 million; Pacifica approximately $488 million, TVL approximately $41.44 million, open interest $60.26 million.