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COMBINED 24H VOLUME $9.2B
TOTAL VALUE LOCKED $8.3B
EXCHANGES TRACKED 13
VOLUME LEADER Hyperliquid 38.3% share

As of 2026-07-04, the 13 perpetual DEXs tracked by ExchangeCompare processed a combined $9.2B in 24-hour trading volume and held $8.3B in total value locked. Hyperliquid is the volume leader at $3.5B (~38.3% of tracked volume), while Lighter offers the lowest standard taker fee at 0%.

Market Share by 24h Volume

#Exchange24h VolumeShare
1 Hyperliquid $3.5B 38.3%
2 Aster $1.3B 14.6%
3 GMX $1.1B 12.0%
4 GRVT $984M 10.7%
5 Lighter $883M 9.6%
6 Extended $558M 6.1%
7 EVEDEX $527M 5.7%
8 edgeX $152M 1.7%
9 dYdX $60M 0.7%
10 Avantis $50M 0.5%
11 Paradex $4M 0.0%
12 Aevo $3M 0.0%

Total Value Locked (TVL)

#ExchangeTVL
1 Hyperliquid $6.1B
2 Aster $772M
3 Lighter $523M
4 Drift $230M
5 GMX $179M
6 Extended $137M
7 dYdX $126M
8 edgeX $96M
9 GRVT $41M
10 Avantis $31M
11 Paradex $23M
12 Aevo $15M
13 EVEDEX $2M

Perpetual Fees (Taker / Maker)

#ExchangeTakerMakerMax Leverage
1 Lighter 0% 0% 50x
2 Paradex 0% 0% 50x
3 Extended 0.025% 0% 100x
4 Drift 0.035% -0.0025% 101x
5 edgeX 0.038% 0.012% 100x
6 Aster 0.04% 0% 1001x
7 EVEDEX 0.045% 0.015% 100x
8 GRVT 0.045% -0.0001% 50x
9 Hyperliquid 0.045% 0.015% 40x
10 dYdX 0.05% 0.01% 50x
11 Avantis 0.06% 0.06% 500x
12 GMX 0.06% 0.04% 100x
13 Aevo 0.08% 0.05% 20x

Maximum Leverage

#ExchangeMax LeverageType
1 Aster 1001x dex
2 Avantis 500x dex
3 Drift 101x dex
4 edgeX 100x dex
5 EVEDEX 100x hybrid
6 Extended 100x dex
7 GMX 100x dex
8 dYdX 50x dex
9 GRVT 50x hybrid
10 Lighter 50x dex
11 Paradex 50x hybrid
12 Hyperliquid 40x dex
13 Aevo 20x dex

Sources: DeFiLlama and CoinGecko APIs plus official exchange documentation. Data is refreshed daily; figures reflect the snapshot dated 2026-07-04. See individual exchange pages for full breakdowns, or compare any two on the best-of rankings.

Perpetual DEX Statistics FAQ

Which perpetual DEX has the highest trading volume in 2026?

Hyperliquid leads with $3.5B in 24h volume, about 38.3% of the combined volume across the 13 decentralized exchanges tracked here (as of 2026-07-04).

What is the total trading volume across perpetual DEXs?

The 13 perpetual DEXs tracked on ExchangeCompare did a combined $9.2B in 24h trading volume and hold $8.3B in total value locked (TVL), as of 2026-07-04.

Which perpetual DEX has the lowest fees?

Lighter has the lowest standard perpetual taker fee at 0%. Several DEXs including Lighter and Paradex offer 0% fees for retail traders.

How many perpetual DEXs require KYC?

Of the 13 active perpetual DEXs tracked here, 13 require no KYC — you connect a wallet and trade. Only hybrid/regulated venues like GRVT require identity verification.