@buithuong
π₯ COMMUNITY DISCUSSION | PERP DEX LANDSCAPE
The current state of top perp DEXs is getting interesting π
β‘ @Lighter_xyz β $36B volume | $1.7B OI | 23.6x turnover | ultra-low fees
π @HyperliquidX β $35B volume | $7B OI | ~$14M fees | ~51K DAU
π @Aster_DEX β $32B volume | $2.5B OI | 13.5x turnover
Same scale of volume β very different business models.
Some optimize for:
β’ Capital efficiency
β’ Fee extraction
β’ Trader stickiness
π Question for 2025:
Which perp DEX model wins long-term β high turnover, high OI, or high fee yield?
And which one are you most bullish on? ππ¬
#DeFi #PerpDEX