Hyperliquid Open Interest Falls 36.2% Week Over Week as Perp DEX Activity Declines

Open interest across major perpetual DEXs declined over the past seven days, with Hyperliquid down about 36.2% from last week, DefiLlama data show on Feb. 4. 24-hour trading volumes were approximately: Hyperliquid $13.08 billion, Aster $5.66 billion, EdgeX $5.20 billion, Lighter $4.46 billion, Extended $2.43 billion, and Pacifica $776 million.