KDPResearch
Metrics

Perp Exchanges

Switch between volume, fees, revenue, OI and TVL maps, then compare key readings on exchange cards. Open details for business models, token returns and points terms.

Derivatives · $HYPE, $LIT, $ASTER +12 · Daily · 12:00 UTC+9 · Updated 2026-11-10 · Live

Perpetual exchange map

Volume · 30d to 11-05 · USD
● Token launched○ Token launch planned△ Points program active– No token◇ Grouped venuesDouble-click an exchange to view details.

Exchange metrics

1–9 / 32

Open a card for activity windows, business models, token returns and points terms.

Volume
$236.58B
Fees
$84.9M
Revenue
$66M
Open interest
$7.04B
TVL
$6.23B
Revenue growth
-5.1%

Volume
$56.09B
Fees
$4M
Revenue
$3.2M
Open interest
$523.8M
TVL
$578.3M
Revenue growth
+18.7%

Volume
$19.04B
Fees
$2.3M
Revenue
$2.1M
Open interest
$199.2M
TVL
$114.7M
Revenue growth
+8.6%

Volume
$73.87B
Fees
—
Revenue
—
Open interest
$831.4M
TVL
219.9M
Revenue growth
—

Volume
$47.62B
Fees
$4.1M
Revenue
$2.7MEst.
Open interest
$1.36B
TVL
$606.3M
Revenue growth
—

Volume
$10.94B
Fees
$3.3M
Revenue
$3.3M
Open interest
$55.3M
TVL
$23.4M
Revenue growth
-9.3%

Volume
$10.87B
Fees
$1.9M
Revenue
$868K
Open interest
$39M
TVL
$53.6M
Revenue growth
+2.2%

Volume
$10.83B
Fees
$1.9M
Revenue
$1.7M
Open interest
$104.2M
TVL
$65.1M
Revenue growth
+46.1%

Volume
$10.17B
Fees
—
Revenue
—
Open interest
$206.5M
TVL
—
Revenue growth
—

Sources and methodology
Token and points status
Snapshot classifications prioritize launched tokens, planned launches, then active points programs. No token means neither a launched token nor an active points program was verified in this snapshot. Points sources are linked in each venue’s details.
Volume 31 / 32 · Notional trading volume
Positive USD readings set the area. Fees and revenue use 30-day figures; source dates can differ. Excluded readings remain on the cards.
Observation scope
Percentages use the observations in the current map; opening a group recalculates shares within that group. Source scopes and OI/TVL definitions can differ. The areas are neither market share nor token valuation.
Missing values
An empty reading means it was not verified in this snapshot.
Timing and data sources
Collected data, not live. Individual observation dates for token valuations and supplemental readings are listed with their sources. · DefiLlama ↗ · Reference: Blockworks ↗