PerpDEX Rankings
Perpetual DEXes ranked by a composite of open interest, 24h and 7d volume — updated on every reload. Sort any column, switch to CEX, or browse by asset.
| #↑ | PerpDEX↕ | Open Interest↕ | Volume 24h↕ | Volume 7d↕ | Volume 30d↕ | Maker↕ | Taker↕ | OI 14d | Season | Token / TGE | Action |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | $6.60B +5.4% incl. HIP-3: $8.58B | $7.59B +35.6% incl. HIP-3: $10.41B | $42.61B | $187.15B | 0.015% | 0.045% | Season 2 | $HYPE | Trade | ||
| 2 | $1.94B +0.8% | $2.77B +4.2% | $13.62B | $58.97B | 0.03% | 0.09% | none | $XYZ | Trade | ||
| 3 | $1.06B +1.3% | $3.70B +34.5% | $17.98B | $43.56B | 0% | 0% | Omni Points | $VAR | Trade | ||
| 4 | $1.38B -1.9% | $2.37B +44.1% | $9.99B | $51.77B | 0.01% | 0.04% | Stage 5 | $ASTER | Trade | ||
| 5 | $595.0M +0.8% | $1.52B +3.4% | $9.67B | $40.87B | 0% | 0% | Robinhood Points | $LIT | Trade | ||
| 6 | $437.8M -1.2% | $1.07B +43.3% | $5.22B | $37.17B | 0.018% | 0.038% | none | $EDGE | Trade | ||
| 7 | $477.8M +1.5% | $420.8M -3.6% | $3.46B | $14.62B | 0.01% | 0.05% | Airdrop S1 + S2 | $GRVT | Trade | ||
| 8 | $221.6M -2.4% | $608.3M +2.8% | $3.43B | $12.28B | 0% | 0% | Robinhood Points (2x) | $LIT | Trade | ||
| 9 | $286.0M +0.7% | $362.0M +1.4% | $1.42B | $5.05B | 0.05% | 0.1% | none | $QFX | Trade | ||
| 10 | $150.9M +1.6% | $419.2M +1.1% | $2.69B | $22.25B | 0.02% | 0.05% | none | $APEX | Trade | ||
| 11 | $95.5M +2.5% | $542.5M +10.1% | $2.62B | $13.59B | 0% | 0.025% | Points Program | $EXT | Trade | ||
| 12 | $120.9M -1.5% | $316.0M +125.5% | $1.67B | $5.59B | 0.012% | 0.04% | SoPoints | $SODX | Trade | ||
| 13 | $66.8M -0.5% | $472.7M +24.4% | $2.40B | $10.79B | 0.015% | 0.04% | Points Program | $PAC | Trade | ||
| 14 | $44.7M +5.1% | $458.2M -2.1% | $2.10B | $3.97B | 0% | 0.0225% | confirmed | $ARC | Trade | ||
| 15 | $46.8M +7.9% | $392.0M +9.9% | $1.12B | $4.62B | 0.01% | 0.035% | Season 2 | $INK | Trade | ||
| 16 | $91.6M +0.2% | $169.1M +34.1% | $757.4M | $3.48B | 0.015% | 0.035% | Ondo Points | $ONDO | Trade | ||
| 17 | $65.8M +4.7% | $148.0M +45.2% | — | — | — | — | — | No Season | $AVNT | Trade | |
| 18 | $21.9M +0.9% | $334.0M -15.3% | $2.73B | $12.24B | 0.01% | 0.04% | Mainnet Campaign | $STDX | Trade | ||
| 19 | $77.8M +2.5% | $103.6M +35.5% | — | — | 0.0125% | 0.04% | none | $POLY | Trade | ||
| 20 | $95.8M +1.8% | $73.1M -49.9% | — | — | 0.01% | 0.01% | — | Vest Points | — | Trade | |
| 21 | $37.7M +3.3% | $146.1M +12.3% | $819.9M | $2.99B | 0.01% | 0.03% | Ignite: Season 1 | $RIX | Trade | ||
| 22 | $25.9M +1.2% | $156.9M +14.6% | $789.2M | $2.50B | 0.015% | 0.045% | Pre-points (retroactive) | $TXF | Trade | ||
| 23 | $37.2M -0.0% | $105.4M +83.6% | $439.1M | $1.74B | 0.01% | 0.032% | rumored | $PDX | Trade | ||
| 24 | $39.8M +6.9% | $91.2M +36.7% | $379.6M | $1.18B | 0.01% | 0.05% | none | $DYDX | Trade | ||
| 25 | $53.2M -0.1% | $32.3M +11.3% | — | — | 0.04% | 0.06% | — | No Season | $GMX | Trade | |
| 26 | $24.4M -5.0% | $61.1M +8.0% | — | — | 0.005% | 0.035% | none | $PHX | Trade | ||
| 27 | $16.3M -0.2% | $57.2M -53.5% | $400.6M | $1.34B | 0% | 0.03% | none | $ORDI | Trade | ||
| 28 | $30.2M +5.8% | $33.4M -10.6% | $204.4M | $891.6M | 0.03% | 0.09% | none | $ECHO | Trade | ||
| 29 | $80.6M +3.6% | $6.6M +54.6% | — | — | — | 0.05% | — | No Season | $PENDLE | Trade | |
| 30 | $7.3M -10.9% | $43.5M +45.3% | $279.9M | $613.9M | 0% | 0.035% | Pre-TGE | — | Trade | ||
| 31 | $10.0M -0.9% | $26.9M -9.4% | — | — | 0.05% | 0.1% | — | Rho Points Pre-Season | — | Trade | |
| 32 | $2.8M -4.7% | $41.7M +35.7% | — | — | 0.015% | 0.045% | — | Amps Season 1 | — | Trade | |
| 33 | $8.6M -11.0% | $7.0M -39.9% | $85.5M | $291.7M | 0% | 0.0075% | XP Season 3 | $DIME | Trade | ||
| 34 | $10.2M +4.1% | $7.5M +54.4% | $27.8M | $132.2M | 0.03% | 0.09% | confirmed | $PARA | Trade | ||
| 35 | $4.3M -6.7% | $4.8M -43.7% | $112.7M | $330.3M | 0.03% | 0.09% | none | $KTI | Trade | ||
| 36 | $1.2M -6.7% | $31.5M +31.9% | $76.3M | $262.7M | 0% | 0.045% | Points Active | $HIBACHI | Trade | ||
| 37 | $1.6M +0.9% | $11.6M -36.1% | $96.0M | $1.97B | 0.05% | 0.088% | Points Season One | $PERPL | Trade | ||
| 38 | $1.4M -6.0% | $11.3M +25.0% | $54.9M | $189.1M | 0.01% | 0.04% | Pre-points (retroactive) | $BULLET | Trade | ||
| 39 | $765K +6.4% | $13.5M +4.6% | $87.6M | $87.6M | 0.0047% | 0.019% | none | $KAT | Trade | ||
| 40 | $987K +8.5% | $4.7M +9.4% | $15.5M | $15.5M | -0.005% | 0.045% | none | — | Trade | ||
| 41 | $1.0M -1.1% | $2.7M -10.9% | $24.8M | $95.9M | 0.01% | 0.05% | Pre-points (retroactive) | ~TBA | Trade | ||
| 42 | $1.2M +4.0% | $2.3M +15.2% | $8.2M | $8.2M | 0.005% | 0.035% | none | $BLU | Trade | ||
| 43 | $1.2M +202.7% | $1.4M | $472K | $472K | 0% | 0.03% | Meridian Points | $ETH | Trade | ||
| 44 | $2.4M +14.4% | — | — | — | — | — | — | No Season | $GNS | Trade |
How the numbers are counted
Open interest and 24h volume are each venue's own totals over all its perpetual markets, read from its API every 5 minutes. OI counts one side of each position (longs = shorts). 24h volume is a rolling 24 hours — DefiLlama shows the last full UTC day, so the two differ during the day. Hyperliquid HIP-3 markets (trade[XYZ] and others) are separate rows; the "incl. HIP-3" line under Hyperliquid is the combined figure DefiLlama prints. Bullpen is excluded (it trades on Hyperliquid's book). A dash in OI means the venue publishes no reliable open interest. Rank = 45% OI + 35% 24h volume + 20% 7d volume, log-scaled.
Want the analysis behind these numbers? State of Perp DEX Liquidity breaks down market share by open interest and volume, 30-day growth, how much size each book actually absorbs, and how far funding rates disagree between venues on the same asset — measured from our own orderbook history rather than venue self-reports.