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I just checked the trading volumes and there's something interesting happening with perp DEXs these days. At least eight decentralized perpetual platforms are already moving over a billion dollars daily, which is quite significant.
The leaders are Hyperliquid, Aster, Lighter, and some others like edgeX, Variational, Paradex, Grvt, and Extended. All surpassing that billion-dollar mark. And the most curious thing is that ApeX Protocol and Pacifica are close behind, almost reaching the same level.
This reflects that interest in decentralized perpetuals continues to grow. People are increasingly looking for more options to trade derivatives without going through centralized exchanges. The volume these perp DEXs are moving is a pretty clear indicator that the sector is gaining real traction in the market.