According to DeFiLlama data, Hyperliquid's current open interest is approximately $10.67 billion, significantly ahead of other major perpetual DEXs. Among them, Aster is around $1.90 billion, Variational is about $1.43 billion, and Lighter is approximately $860 million, with the three totaling roughly $4.19 billion. Hyperliquid's open interest on a single platform is about 2.5 times the combined total of these three.