Perp DEX volume share, live 24h notional ranked
TradingdYdX
Trails$63.23M
- p99
- $74.41M
- rank
- #19
- samples
- 2,879
Lighter RH
Leads$542.93M
- p99
- $559.58M
- rank
- #8
- samples
- 1,992
24h perp volume
dYdXn/aLighter RHn/a
dYdX vs Lighter RH
dYdX leads on 1 of 3 shared benchmarks, Lighter RH on 2. dYdX wins on Most tradable markets on a perp DEX, live count per venue (78 vs 57). Lighter RH wins on Perp DEX volume share, live 24h notional ranked ($542.93M vs $63.23M), Perp DEX asset breadth (43 vs 2).
dYdX
Perp DEX on the dYdX Chain, a Cosmos SDK appchain. Orderbook with off-chain matching and onchain settlement, validators propagate orders via the mempool.
Side by side measurements
Most tradable markets on a perp DEX, live count per venue
TradingdYdX
Leads78
- p99
- 78
- rank
- #14
- samples
- 2,879
Lighter RH
Trails57
- p99
- 57
- rank
- #19
- samples
- 1,991
Active markets
dYdXn/aLighter RHn/a
Perp DEX asset breadth: non-crypto markets live, forex + stocks + indices + commodities
TradingdYdX
Trails2
- p99
- 2
- rank
- #14
- samples
- 2,091
Lighter RH
Leads43
- p99
- 43
- rank
- #9
- samples
- 1,991
Non-crypto markets
dYdXn/aLighter RHn/a
Market count reflects the Mobula perp pairs catalog at query time. Only mainnet markets are counted (testnets excluded). Asset class tags (forex, stocks, indices, commodities) are assigned by Mobula's editorial taxonomy and updated when new pairs are listed. Venues not in the Mobula catalog (Hyperliquid, GMX, dYdX, Ostium, Vertex, Paradex, Aster) are monitored separately: their catalogs are crypto-only or verified crypto-only by native API.
Frequently asked questions
dYdX vs Lighter RH: which one is better?
dYdX and Lighter RH are compared on 3 shared OpenChainBench benchmarks. dYdX leads on Most tradable markets on a perp DEX, live count per venue. Lighter RH leads on Perp DEX volume share, live 24h notional ranked. See the live table on this page for every metric.
Which has the higher active markets, dYdX or Lighter RH?
On the Most tradable markets on a perp DEX, live count per venue benchmark, dYdX leads at 78 versus Lighter RH at 57. Live measurement is updated continuously by the OpenChainBench harness.
Which has the higher 24h perp volume, dYdX or Lighter RH?
On the Perp DEX volume share, live 24h notional ranked benchmark, Lighter RH leads at $542.93M versus dYdX at $63.23M. Live measurement is updated continuously by the OpenChainBench harness.
How is the dYdX vs Lighter RH comparison measured?
Every benchmark on this page uses the same open methodology, published at https://openchainbench.com/methodology. Data is CC-BY-4.0. Measurement harnesses are MIT-licensed.
Related comparisons
How this pair was selected
Auto-generated pairs require: both providers in the same benchmark for seven consecutive days, at least 1000 samples per provider, observable third-party search demand, and a public /products/[slug] page on OCB. Editorially curated pairs (like this one) may publish early when search demand is high and data is accruing; panels with fewer than 100 samples are shown as provisional. The full pair ledger is versioned in the public repo.