Perp DEX tools
Perp DEX comparison
Open interest, fees, revenue, and TVL from DefiLlama. Figures are protocol-wide on DefiLlama, so fees and TVL can include spot trading and bridged assets. Volume is not shown because it needs DefiLlama's paid API. If the live pull fails, this shows a saved snapshot with its time.
| Perp DEX | Open interest | OI 7d change | 24h fees | 7d fees | 24h revenue | TVL | OI / user deposits*snapshot as of Oct 8, 12:15 UTC |
|---|---|---|---|---|---|---|---|
| Hyperliquid | $7.59B | -1.6% | $1.6M | $20.3M | $1.3M | $6.89B | 1.18x |
| Variational | $982.6M | -5.9% | — | — | — | — | — |
| Lighter | $735.9M | -5.9% | $131.1k | $1.5M | $102.5k | $723.5M | 1.34x |
| PopDEXEarly data | $37.5M | -1.9% | $10.8k | $147.8k | $6.0k | $71.4M | 7.31x |
| Arcus | $105.0M | +11.0% | $33.7k | $476.7k | $30.3k | $61.6M | 1.67x |
| Nado (Ink) | $39.5M | -10.0% | $39.9k | $468.8k | $20.0k | $50.9M | — |
| Extended | $97.0M | -8.4% | $22.2k | $323.4k | — | $115.7M | — |
| Ondo Perps | $99.0M | +6.5% | — | — | — | — | — |
| TradeXYZ | $3.74B | +4.4% | $102.2k | $1.8M | $32.3k | — | — |
| Entropy | $67.1M | +3.5% | $4.1k | $58.2k | $1.4k | — | — |
Data: DefiLlama saved snapshot, as of Oct 18, 2026, 13:28 UTC
* OI / user deposits: One-sided open interest divided by user deposits, where user deposits = stablecoin collateral held by the platform minus its own liquidity vault (e.g. HLP, LLP). Open interest is a single snapshot for all four; some deposit figures come from DefiLlama and can be up to about an hour older. Deposits can still include idle spot balances, so treat this as a rough comparison.
Snapshot Oct 8, 2026, 12:15 UTC.
Pacifica
ResearchLive 24h volume and OI from Pacifica public API (Verified). 7d/30d volume and fees from DefiLlama (Research). Points share only — not guaranteed, not a valuation.
Pacifica docs: cannot buy points; secondary trading strongly discouraged. HyperLeaf does not list a Pacifica points market.
24h volume
Verified$428.88M
7d volume
Research$2.31B
30d volume
Research$10.34B
Open interest
Verified$62.46M
30d fees
Research$3.66M
asOf 2026-10-14 11:01 CST · live vol/OI Pacifica API · 7d/30d/fees DefiLlama · DefiLlama
Points share · Research · not guaranteed
Official program: 10M points / week since 2026-09-04 UTC · docs Verified · formula opaque · not guaranteed
Weeks since start ≈ 8 · Cumulative pool ≈ 80M (weeks × 10M)
Implied share of cumulative pool: 0.0000%
Share only · no token price · no airdrop USD · formula opaque · points docs
Not advice · Pacifica API Verified for live vol/OI · DefiLlama Research for 7d/30d/fees · no airdrop valuation · no points OTC
Extended
VerifiedOI / 30d vol·ResearchTVL / fees·Not advice
Live open interest and 30d perp volume from Extended Starknet public API (Verified, ÷2). TVL and 30d fees from DefiLlama (Research). Points estimate only — not guaranteed, not a valuation. Not investment advice.
Extended docs: points are non-transferable; official program forbids purchase, sale, transfer, or redemption of points. HyperLeaf does not list an Extended points market.
TVL
Research$117.70M
Open interest
Verified$95.75M
Extended API ÷2
30d volume
Verified$7.19B
Extended stats API ÷2
30d fees
Research$1.50M
asOf 2026-10-15 11:11 CST · api.starknet.extended.exchange · markets OI ÷2 · stats/trading vol ÷2 · DefiLlama
Points estimate · Research · not guaranteed
Official docs: weekly points cap ≤600k · cumulative Verified from docs · formula opaque · not guaranteed
Weekly cap ≤ 600k · Cumulative 69,235,805 (asOf 2026-10-06)
Implied share of cumulative pool: 0.0000%
Share only · no token price · no airdrop USD · points docs
*Points non-transferable · estimate only · not advice*
Not advice · Extended API Verified for OI/30d vol (÷2) · DefiLlama Research for TVL/fees · Llama derivatives JSON still 402 (own stats used) · no airdrop valuation · no points OTC
Lighter points estimator
Robinhood Chain Friday totals, starting at 65k on Aug 21, 2026 and rising 5k a week. The pool is 11M LIT.
11 Fridays posted, 990k points. Latest was 115k on Oct 30, 2026. Next Friday in this path is 120k.
One point is worth
$24.44
One point = 4.889 LIT. 20 Fridays, Aug 21, 2026 to Jan 1, 2027, hand out 2.25M points. Split 11M LIT.
Distributed
990k
Friday total
2.25M
LIT per point
4.889
Pool in dollars
$55.00M
Your points, plus 10% of points earned under your link.
Your LIT
—
| Wk | Friday | Points | Running |
|---|---|---|---|
| 01 | Aug 21Posted | 65k | 65k |
| 02 | Aug 28Posted | 70k | 135k |
| 03 | Sep 4Posted | 75k | 210k |
| 04 | Sep 11Posted | 80k | 290k |
| 05 | Sep 18Posted | 85k | 375k |
| 06 | Sep 25Posted | 90k | 465k |
| 07 | Oct 2Posted | 95k | 560k |
| 08 | Oct 9Posted | 100k | 660k |
| 09 | Oct 16Posted | 105k | 765k |
| 10 | Oct 23Posted | 110k | 875k |
| 11 | Oct 30Posted | 115k | 990k |
| 12 | Nov 6Next | 120k | 1.11M |
| 13 | Nov 13 | 125k | 1.24M |
| 14 | Nov 20 | 130k | 1.37M |
| 15 | Nov 27 | 135k | 1.5M |
| 16 | Dec 4 | 140k | 1.64M |
| 17 | Dec 11 | 145k | 1.79M |
| 18 | Dec 18 | 150k | 1.94M |
| 19 | Dec 25 | 155k | 2.09M |
| 20 | Jan 1 | 160k | 2.25M |
The Friday amounts are the Lighter announcement posts, not Season 2. Season 2 was a flat 250,000 a week and that season ended in 2025. This path posts 65k, then +5k every Friday, and carries that step forward after the last post. It is not a payout.
Arcus leaderboard stats
Arcus cost per point
Arcus's weekly fees on DefiLlama divided by the points Arcus issued that week. This is a protocol-wide average, not your own cost, and not a points valuation. The week window is not yet confirmed against Arcus's schedule.
S1 W1 fees
$515,279
Points issued
250,000
Fees per point
$2.06
Fee window: 2026-10-01 00:00 to 2026-10-08 00:00 UTC (DefiLlama daily fees, Arcus perps).
Season 1 · Week 1 points distribution
Accounts
9,659
Total points
250,000
Median
1.53
Mean
25.9
Gini
0.90
Top 100 share
44.8%
Top 1,000 share
84.7%
Bottom 50% share
0.73%
Arcus Season 1, Week 1 points from Arcus's public leaderboard (snapshot, 9,659 accounts, 250,000 points). Separate from Lighter points and not a valuation.
Points per account (log scale)
Accounts in each bucket · dashed line is the median
Lorenz curve
Gini 0.90 · bottom 50% of accounts hold 0.73% of points
Share held by the top accounts
Cumulative share of all 250,000 points
| Tier | Accounts | Ranks | Cutoff | Max | Share |
|---|---|---|---|---|---|
| Diamond | 97 | 1–97 | ≥ 432 | 8,101 | 44.3% |
| Platinum | 386 | 98–483 | ≥ 89.4 | 427 | 28.7% |
| Gold | 1,449 | 484–1,932 | ≥ 13.9 | 89.3 | 20.0% |
| Silver | 2,898 | 1,933–4,830 | ≥ 1.53 | 13.9 | 6.3% |
| Bronze | 4,829 | 4,831–9,659 | ≥ 0.01 | 1.52 | 0.73% |
Static snapshot of the public leaderboard, refreshed after each weekly drop. Names on the leaderboard are pseudonyms. Tiers are as labelled by Arcus; cutoff is the lowest score in each tier. Not an estimate of any token value.