Perp DEX daily volume 2026: Hyperliquid, Aster, Lighter, GMX, Gains, dYdX by UTC day, backfilled
Perpetual futures notional per closed UTC day for 11 rows across 10 decentralized venues (Hyperliquid's HIP-3 dexs are their own row), the same day buckets DeFiLlama's derivatives page uses, read from the sources its adapters read. Headline is the last closed day; 7 day and 30 day totals and cohort share sit next to it. History backfilled over a year and refreshed hourly.
TL;DR. As of , Hyperliquid leads daily perp volume at $5.23B (24h) on Perp DEX daily volume 2026: Hyperliquid, Aster, Lighter, GMX, Gains, dYdX by UTC day, backfilled. Source: OpenChainBench, https://openchainbench.com/benchmarks/perp-daily-volume.
Read this carefully
Volume is self-reported by each venue's public data surface and counted per UTC day, one side of each trade. Perimeters differ slightly per venue and are stated in the ledger notes. A closed day can be restated by a venue for one to two days; the harness re-reads the last three days every hour. Not a measure of organic flow: incentive programs and wash trading inflate notional on every venue.
Rolling 24 hour volume, the number most venues put on their landing page, cannot be compared across venues or across days: every venue's window ends at a different second and a single large hour moves it twice. Daily volume on closed UTC days is the convention DeFiLlama, Dune dashboards and the venues' own weekly reports use, and it is what "X flipped Y in volume" claims are made on. This benchmark rebuilds that series for Hyperliquid (main dex and HIP-3 dexs as two rows), Aster, Lighter, GMX V2, Gains, dYdX v4, Paradex, Extended, Orderly and Aevo, from the same sources DeFiLlama's open-source adapters read (squids, exchange statistics endpoints, per-market daily candles, the Gains Dune view), so the numbers line up with defillama.com on closed days while the full history stays free to reproduce. On 13 September 2026 nine of the ten venues matched DeFiLlama's page within one percent; the exceptions are documented in the FAQ. Each venue gets its last closed day, its 7 and 30 day totals, its share of the cohort, and a year of daily points you can chart or download.
Methodology
The perp-volume-history harness keeps one number per venue per UTC day. For each venue it reads the upstream DeFiLlama's dimension-adapters read for that venue: the GMX V2 synthetics squids (marginVolumeUsd, perps only), the Gains backend volume-mix endpoint (trade notional, resizes at their traded delta; the Dune view DeFiLlama reads when a Dune key is configured), Hyperliquid info 1h candles per perp market (base volume times hourly mean price; the main dex and the HIP-3 dexs are published as two rows), Aster fapi 1d klines quote volume, Lighter 1d candles per perp market on both its deployments (zkLighter and Robinhood chain), dYdX v4 indexer 1DAY candles per market, Paradex's public daily volume card, Extended's per-day exchange statistics, Orderly's daily_stats and Aevo's statistics endpoint. With a DeFiLlama Pro key configured, every venue switches to DeFiLlama's own dailyVolume series. On boot the harness backfills 400 days where the source allows it, then every hour it re-reads the last three closed days and publishes the last closed day, the 7 day and 30 day sums (only when every day of the window is present), the venue's share of the cohort on each window, and the depth of stored history. The full daily series is served as JSON to the site's compare and venue pages.
Results: 11 providers ranked by Daily perp volume (p50, 24h)
| № | Provider | p50 | Success |
|---|---|---|---|
| 1 | Hyperliquid | $5.23B | 100.00% |
| 2 | Aster | $1.69B | 100.00% |
| 3 | Lighter | $1.49B | 100.00% |
| 4 | Hyperliquid HIP-3 | $695.31M | 100.00% |
| 5 | Extended | $141.31M | 100.00% |
| 6 | Gains | $56.88M | 100.00% |
| 7 | GMX V2 | $56.59M | 100.00% |
| 8 | dYdX v4 | $30.26M | 100.00% |
| 9 | Orderly | $26.40M | 100.00% |
| 10 | Paradex | $14.64M | 100.00% |
| 11 | Aevo | $3.07M | 100.00% |
Frequently asked
How is this different from bench 041, perp DEX volume share?
Bench 041 polls each venue's live rolling 24 hour figure every five minutes and ranks the time average. This bench counts closed UTC days, which is what DeFiLlama, weekly reports and flip claims use, and keeps a year of daily history per venue. The two agree on quiet days and disagree whenever a big hour sits on one side of a midnight boundary.
Are these the DeFiLlama numbers?
Same day buckets, same upstream sources. Checked on 2026-09-13: GMX V2, Extended, Orderly, Aevo and Paradex match DeFiLlama's page to the last digit, Aster and dYdX within one percent, Lighter once both deployments are summed. Gains is read from the same Dune view DeFiLlama reads, but re-read hourly: DeFiLlama freezes what it read at day close and Gains' view keeps restating for a day or two, so DeFiLlama's page runs 8 to 20 percent under the view on recent days. Hyperliquid is the one deliberate split: the main dex row matches the exchange's own figure and HIP-3 dexs are a separate row, while DeFiLlama's single line covers HIP-3 only partially and lands between the two. With a DeFiLlama Pro key every venue switches to DeFiLlama's own series.
Why is the headline yesterday and not today?
Today's figure is a partial day and would rank a venue by the hour of reading. The last closed UTC day is the first number every source agrees on. The 7d and 30d columns end on the same day.
Why can a 7d or 30d cell be empty?
A window is published only when every day in it is present. A venue that just joined the cohort, or whose source missed a day, shows its daily figure and no window total rather than a short sum that reads as a bad week.
Does Gains flipping GMX on one day mean anything?
One day is noise: weekend volume on GMX regularly drops below half its weekday level. The 7d and 30d columns and the share chart show whether a lead persists. The compare page for the pair puts both series on one chart with the day-by-day lead.
Why is Hyperliquid split in two rows?
HIP-3 lets third parties deploy their own perp markets on Hyperliquid: xyz (stocks, indices, commodities), io, mkts, para and others. They settle on the same chain but are not the exchange's own book, and on a weekday they add a third to Hyperliquid's notional. Publishing them apart keeps the Hyperliquid row equal to what the exchange reports and makes the builder-deployed volume visible on its own.
Which venues are missing?
edgeX, GRVT and Pacifica expose per-market daily candles and are queued. Vertex, Backpack, Jupiter, Drift and Ostium either have no public daily history endpoint or exist on DeFiLlama only through paid Dune queries.
Source code github.com/ChainBench/OpenChainBench/tree/main/harnesses/perp-volume-history