In November, the volume of perp DEXes slowed down, with Lighter, Hyperliquid, and Aster accounting for nearly 70%.

According to ChainCatcher news and BitcoinNews reports, decentralized perpetual exchanges (perp DEXes) recorded a trading volume of $1.2 trillion in October, slowing down in November with a volume of $1.13 trillion, a decrease of 5.83% ($70 billion), but still 71.7% higher than in September. Specifically, according to Defillama data, in November Lighter captured the largest trading share, achieving a volume of 284 billion dollars, accounting for 25.13% of the total; over 240 billion dollars flowed through Hyperliquid, while Aster's trading volume was 258 billion dollars, together accounting for 44.07% of the total trading volume.