#Strategy加仓比特币 Perpetual Contract DEX trading volume has recently picked up. According to the latest on-chain data, on January 21st, the trading activity of mainstream Perp DEXs was quite active. Although the open interest declined slightly, trading enthusiasm is clearly heating up.

Hyperliquid still maintains a steady lead, with a daily trading volume reaching $8.97 billion, TVL around $4.51 billion, and open interest approximately $8.18 billion (a slight decrease of 6% from the previous day).

The performance of other platforms is also quite good:

Aster's 24-hour trading volume is about $6.10 billion, TVL around $1.23 billion, and open interest approximately $2.46 billion
Lighter's trading volume is about $4.92 billion, TVL around $1.06 billion, and open interest about $1.22 billion
EdgeX's trading volume is about $4.59 billion, TVL around $422 million, and open interest approximately $1.06 billion
Paradex's trading volume is about $1.76 billion, TVL around $221 million, and open interest about $628 million
Pacifica's trading volume is about $832 million, TVL around $46.21 million, and open interest approximately $78.8 million

This phenomenon is quite interesting — trading volume is rising, but leverage positions are not increasing accordingly. It indicates that traders are now more focused on swing trading and short-term trades rather than holding long-term positions. The greater the market volatility, the more active short-term capital becomes.