Post #11765

Top 10 Perp DEXs by Valuation: ATH vs Now Valuations tell only half the story - seeing where projects stand vs their ATH reveals how much ground the market still needs to recover. Here's how the current leaderboard looks: • $HYPE: $29.8B (ATH: $59.2B | -50%) • $ASTER: $5.6B (ATH: $19.2B | -71%) • $JUP: $1.1B (ATH: $19.9B | -94%) • $LIT: $1.01B (ATH: $3.7B | -73%) • $MYX: $305M (ATH: $18.9B | -98%) • $AVNT: $152M (ATH: $2.62B | -94%) • $APEX: $137M (ATH: $3.82B | -96%) • $DRIFT: $79M (ATH: $2.36B | -97%) • $DYDX: $76M (ATH: $4.51B | -98%) • $GMX: $64M (ATH: $1.2B | -95%) 🔘Hyperliquid isn't just leading – $HYPE worth roughly 3x all other perp DEX tokens combined. At $29.8B valuation and $4.56B in daily volume, it's in a category of its own. Even so, it sits at roughly 50% of its ATH. 🔘As #3 perp DEX by volume and OI, Lighter $LIT is sitting at just $1B valuation. While the most recent contender – Paradex $DIME – hasn't made it into the top 10 yet with tiny $43M FDV. 🔘Jupiter, Avantis, MYX, dYdX, Apex, Drift, GMX – all down over 94-98% from highs. The perps wave isn't slowing down – Variational, Extended, edgeX, Grvt, and others are all pushing into the market with fresh approaches to on-chain derivatives. More competition, more fragmentation. We'll see if the market can absorb it all. Check these and other perps ontop7markets.xyz/perps🫡 @TOP7ICO