Data from Odaily Planet Daily shows that the monthly trading volume of the Perpetual Contract Decentralized Exchange (Perp DEX) exceeded US$1 trillion for the first time in September, reaching US$1.05 trillion, a month-on-month increase of 48% from US$707.6 billion in August.

Data reveals significant shifts in the market landscape. Aster, based on the BNB Chain, topped the charts with over $420 billion in monthly trading volume. Hyperliquid, long a dominant player, fell to second place with $282.5 billion in trading volume, a 29% month-over-month decrease. Lighter, based on Ethereum's Layer 2, ranked third with $164.4 billion in trading volume, a figure recorded while still in beta.