The trading popularity of derivatives DEXs continues to rise. According to the latest data, in the past 24 hours, several perpetual contract trading platforms have performed remarkably — Aster, Hyperliquid, Lighter, edgeX, Variational, Paradex, Grvt, and Extended — with their daily trading volumes all surpassing $1 billion.

Even more noteworthy, the platforms following closely behind, ApeX Protocol and Pacifica, are also not to be outdone, each with trading volumes hovering above $950 million, just a step away from the $1 billion mark. This echelon differentiation reflects the ongoing market demand for derivatives trading, and the competitive landscape among leading platforms is becoming increasingly prominent. In terms of trading volume concentration, the activity level in the perpetual contract market has become a key indicator of the strength of DEX platforms.