According to Mars Finance, on March 12th, data from DefiLlama shows that while the overall trading volume in the on-chain Perp DEX market continues to decline, the size of open interest remains high, indicating that leveraged funds have not yet significantly exited the market. Hyperliquid holdings have risen again, reaching a near one-month high. The current ranking of major Perp DEX trading volumes is as follows: Hyperliquid: approximately $6.48 billion in 24-hour trading volume and approximately $6.41 billion in open interest; Aster: approximately $2.43 billion in 24-hour trading volume and approximately $1.94 billion in open interest; EdgeX: approximately $1.96 billion in 24-hour trading volume and approximately $1.08 billion in open interest; Lighter: approximately $1.86 billion in 24-hour trading volume and approximately $676 million in open interest; Grvt: approximately $1.5 billion in 24-hour trading volume and approximately $491 million in open interest; Pacifica: approximately $454 million in 24-hour trading volume and approximately $67.83 million in open interest.




















