According to CryptoRank data, the top ten decentralized perpetual futures exchanges (Perps DEX) by latest monthly trading volume have been released. Hyperliquid leads by a significant margin with monthly trading volume of $178.23 billion and ranks first. Aster ($77.77 billion), EdgeX ($70.83 billion), and Lighter ($65.47 billion) rank second through fourth respectively. The data indicates that the decentralized derivatives track is continuing to attract market attention and capital inflows.

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