Hyperliquid, Aster & Lighter Hit $67B Record Perp DEX Volume
Decentralized exchanges Hyperliquid, Aster, and Lighter collectively achieved a historic $67 billion in perpetual futures trading volume on September 24. The milestone underscores accelerating institutional adoption of on-chain derivatives, bypassing traditional intermediaries.
Perpetual DEXs now challenge centralized incumbents with deeper liquidity and composability. The record coincides with rising demand for crypto derivatives exposure amid volatile market conditions.