Despite a more volatile crypto market, Lighter has seen significant growth in daily trading volumes for perpetual futures. In the past three days alone, it reached $8.6 billion, outperforming competitors like Aster and Hyperliquid. While open interest remains lower than its rivals, Lighter’s volume surge indicates active participation from traders seeking faster and cheaper trades. 30-day volume trends show a consistent pattern of trading activity for platforms like Hyperliquid, Paradex, and dYdX, attracting daily users in the range of 40,000 to 80,000. Lighter utilizes Ethereum’s zk-rollup technology to enable swift and cost-effective trading of perpetual futures. This growth suggests active engagement from traders despite a less volatile market landscape. The emergence of new platforms like Astros, Surf Protocol, and others highlights the rapid expansion of perpetual DEXs in the crypto space. These advancements are further fueled by the rising popularity of on-chain trading solutions with features such as higher leverage levels, fee-free profit sharing, and increased accessibility to traditional markets. As the market evolves, these developments signal a continued surge for perpetual futures trading.