zerokn0wledge

Starknet-stack perp DEXes: $249.3B 30d volume vs Hyperliquid $317.6B

Quote154 words

The four Starknet-tech perp DEXes combined $249.3B in 30-day volume versus Hyperliquid's $317.6B. Breaks down each venue's architecture and volume and argues Starknet is underappreciated.

Key claims
edgeX $134.9B, ApeX $60.7B, Paradex $34B, Extended $19.8B in 30d volume
Combined $249.3B vs Hyperliquid $317.6B
Volumes of all Starknet-powered perp DEXes have skyrocketed in October. In past 30 days, the four DEXes listed in the post below, achieved a combined volume of $249.3B. While that's still less than Hyperliquid's $317.6B in volume over the same timeframe (30d), the stats are notable: - @edgeX_exchange: $134.9B volume (Starkex-based L2 appchain that settles ZK proofs on Ethereum, while running an offchain orderbook, supporting up to 20k TPS) - @OfficialApeXdex: $60.7B volume (High-performance DEX built on Starkex and settling on Ethereum and with a throughput of up to 10k TPS) - @Paradex: $34B volume (Private Starknet appchain built with SN stack enabling native privacy, zero-fees through a unique RPI/PFOF model, settling on Ethereum) - @extendedapp: $19.8B volume (CLOB-based DEX where order processing, matching, and tx sequencing are handled off-chain, while tx validation & trade settlement happen on Starknet) Feels like @Starknet and its tech are not getting all the appreciation they deserve here.
QUOTING @zerokn0wledge_
4/10 of top Perp DEXs by volume in past 24h are built on @Starknet tech. - EdgeX - Apex - Paradex - Extended SN stack is dominating rn. Data from @DefiLlama t.co/EnScoWRNg6

4 images on X

Open on X
zerokn0wledge avatar
Working together

Research, advisory and builds for deep-tech teams.