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Lighter surpasses Hyperliquid with $9B in 24-hour DEX volume

Lighter surpasses Hyperliquid with $9B in 24-hour DEX volume

CryptobriefingCryptobriefing2025/11/28 16:04
By:Cryptobriefing

Key Takeaways

  • Lighter reached $9 billion in 24-hour decentralized exchange (DEX) volume, surpassing Hyperliquid.
  • This achievement positions Lighter as the leading perpetual futures DEX by trading volume.

Lighter, a decentralized exchange specializing in perpetual futures trading, surpassed Hyperliquid with approximately $9 billion in 24-hour DEX volume today.

The milestone marks a significant shift in the perpetual DEX landscape, where Lighter has emerged as the frontrunner in recent trading volumes. Hyperliquid, a decentralized perpetual futures exchange built on its own layer 1 blockchain, had previously maintained leadership in trading activity.

Perpetual DEX rivalry has intensified among platforms like Lighter, Hyperliquid, and Aster, with competition focusing on sustainable infrastructure over short-term incentives. Lighter has consistently outperformed Hyperliquid across various timeframes in recent weeks.

The platform’s efficient infrastructure supports high-speed on-chain transactions, positioning it to compete effectively in the DEX market against established competitors.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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