Post #11904

Top 10 Perpetual DEXs by Revenue (Last 30D) • Hyperliquid — $53.6M • edgeX — $15.1M • TradeXYZ — $3.6M • Jupiter — $2.6M • Lighter — $2.6M • Ostium — $1.9M • Nado — $1.3M • GMX — $948K • Drift — $450K • dYdX — $288K Hyperliquid leads by a wide margin — $53.6M in 30D revenue, 65.1% of the top-10 total, ~$1.78M/day. Combined with edgeX ($15.1M), the top 2 account for 83.5% of all revenue. The remaining 8 protocols share just 16.5%. TradeXYZ locks in at #3 — at 4.37% share with $3.6M. Ranks 8–10 collectively generated $1.69M over 30 days - 2.05% of the total.Jupiter, Lighter, and Ostium are clustered tightly at #3–5, all within a $1.85M–$2.63M range. Perp DEX revenue is consolidating fast - and unless something structurally changes, the gap between Hyperliquid and the rest will only get harder to close. Data sources🔗defillama.com Top 7 Ecosystem:Alpha| X | Aggregator