todayonchain.com

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

Crypto Briefing
Lighter became the leading perpetual futures DEX, hitting $9 billion in 24-hour volume and overtaking Hyperliquid.

Summary

Lighter, a decentralized exchange focused on perpetual futures trading, achieved a significant milestone by surpassing Hyperliquid with approximately $9 billion in 24-hour decentralized exchange (DEX) volume. This event positions Lighter as the current leader in perpetual DEX trading volume, displacing Hyperliquid, which previously held the top spot. The intense rivalry among perpetual DEXs like Lighter, Hyperliquid, and Aster is increasingly centered on sustainable infrastructure efficiency rather than short-term incentives. Lighter's success is attributed to its efficient infrastructure, which enables high-speed on-chain transactions, allowing it to consistently outperform competitors in recent weeks.

(Source:Crypto Briefing)