*Top 10 Perp DEXs by Year-to-Date Revenue*
Hyperliquid alone *pulled in more revenue than the other 9 DEXs combined* - 3.5x ahead of edgeX in second place.
• Hyperliquid - $224M
• edgeX - $63.1M
• Lighter - $15.5M
• Jupiter - $12.7M
• - $7.3M
• - $5.3M
• GMX - $3.9M
• Adrena - $3.7M
• Drift - $2.4M
• Ethereal - $1.8M
And the perp race is about to get wider. *Polymarket and Kalshi both announced perpetual trading* *launches* - prediction market giants stepping directly into the arena that Hyperliquid currently rules.
With new entrants bringing TradFi-style compliance and massive user bases, the next leg of perp *DEX competition is starting now.*
*Data source* 🔗
HYPEUSDT
Perp
38.83
-3.55%