I looked at the data for various platforms in the perpDEX sector


$HYPE 24-hour trading volume is approximately $7.10 billion, TVL is about $4.23 billion, and open interest is around $5.75 billion
$ASTER 24-hour trading volume is approximately $3.82 billion, TVL is about $1.06 billion, and open interest is around $1.89 billion
$LIGHT 24-hour trading volume is approximately $3.77 billion, TVL is about $880 million, and open interest is around $777 million
Edge 24-hour trading volume is approximately $3.50 billion, TVL is about $184 million, and open interest is around $1.05 billion
Grvt 24-hour trading volume is approximately $1.42 billion, TVL is about $97.46 million, and open interest is around $415 million
Pacifica 24-hour trading volume is approximately $719 million, TVL is about $36.45 million, and open interest is around $60.98 million
Overall, HYPE remains the absolute king. In a sector, you only buy the leading player—the leader is always the one rising the fastest.
HYPE-3.65%
ASTER-1.2%
LIGHT-2.04%
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