Nado decentralized exchange launched silver commodity perpetual futures (XAG-PERP) on March 18, supporting up to 20x leverage with an isolated margin mode to ensure that liquidation of a single position does not affect other holdings. Trading hours are synchronized with CME Globex, with position reduction only permitted during non-trading sessions.
March 17, DefiLlama data shows that decentralized perpetual contract trading platform trading volume rebounded, with Hyperliquid open interest up 27.8% since the beginning of this month. Both trading volume and open interest of major Perp DEXs have increased.
March 16 data shows that despite weak weekend trading volume in Perp DEX overall, open interest continues to rise. Hyperliquid and Aster continue to lead the way, with Hyperliquid's open interest reaching a one-month high. Trading volumes vary significantly across platforms over the past 24 hours.
Data from March 13 shows that on-chain Perp DEX overall trading volume and open interest remained relatively stable, with Hyperliquid's trading volume showing a slight rebound while open interest remained at elevated levels. The primary Perp DEX trading volumes and open interest were: Hyperliquid $6.74 billion, Aster $2.36 billion, EdgeX $2.13 billion, and others.