Hyperliquid vs Paradex vs Variational: Perp DEX Comparison on Fees Leverage and Volume 2026
As perp DEX volume rocketed 346% to $6.7T in 2025 amid a total perpetuals market hitting $92.9T, traders shifted toward on-chain platforms like Hyperliquid , Paradex , and Variational . Hyperliquid grabbed headlines with up to 71% market...
