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ALØNDRACRYPTØ1
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$ASTER While the price of Bitcoin seeks stability, the volume in decentralized perpetual futures exchanges (Perp DEX) shows signs of recovery. According to data from DefiLlama today, February 24, the activity has had a significant rebound.
The Giants Ranking:
1. Hyperliquid: Remains the undisputed leader with a volume of $65.7 billion in 24 hours. It is the preferred place for professional traders due to its deep liquidity.
2. Aster: Holds the second place with $32.4 billion. The community is very active awaiting the launch of its own network (L1) in March.
3. EdgeX: Positions itself with $29 billion, surpassing other established competitors this month.
What do these numbers tell us?
- Open Interest (OI): Remains stable at around $52.6 billion only in Hyperliquid. This means that traders are not closing their positions, but are maintaining their bets on the direction of the market.
- Capital Efficiency: Although the total value locked (TVL) has not grown massively, the volume has. This indicates that the existing capital is moving much faster and more frequently.
When you see a lot of money moving in these exchange sites (like Hyperliquid or Aster), it is a sign that big investors are making strong bets. Generally, when the volume rises here, it is a warning that the price of cryptocurrencies is about to make a sharp jump, whether up or down.
My advice: If you have open trades, don’t let your guard down. Make sure you have enough balance in your account so that a sudden movement doesn’t force-close your trade. Volatility is coming and it’s better that it finds you prepared!
Are you trading futures on DEX or do you prefer to stay on centralized exchanges for now? Share your experience below. 👇
{future}(ASTERUSDT)
The Giants Ranking:
1. Hyperliquid: Remains the undisputed leader with a volume of $65.7 billion in 24 hours. It is the preferred place for professional traders due to its deep liquidity.
2. Aster: Holds the second place with $32.4 billion. The community is very active awaiting the launch of its own network (L1) in March.
3. EdgeX: Positions itself with $29 billion, surpassing other established competitors this month.
What do these numbers tell us?
- Open Interest (OI): Remains stable at around $52.6 billion only in Hyperliquid. This means that traders are not closing their positions, but are maintaining their bets on the direction of the market.
- Capital Efficiency: Although the total value locked (TVL) has not grown massively, the volume has. This indicates that the existing capital is moving much faster and more frequently.
When you see a lot of money moving in these exchange sites (like Hyperliquid or Aster), it is a sign that big investors are making strong bets. Generally, when the volume rises here, it is a warning that the price of cryptocurrencies is about to make a sharp jump, whether up or down.
My advice: If you have open trades, don’t let your guard down. Make sure you have enough balance in your account so that a sudden movement doesn’t force-close your trade. Volatility is coming and it’s better that it finds you prepared!
Are you trading futures on DEX or do you prefer to stay on centralized exchanges for now? Share your experience below. 👇
{future}(ASTERUSDT)
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.