Coinglass Ignites Perp DEX Data War Amid Hyperliquid Volume Debate

An analysis by Coinglass comparing perpetual decentralized exchange (perp DEX) data has sparked fierce debate and, in the process, highlighted rifts within the crypto derivatives sector. The study exposed marked discrepancies in trading volumes, open interest, and liquidations across Hyperliquid, Aster, and Lighter. Users are left asking what qualifies as genuine trading activity on these platforms. Coinglass Data Sparks Debate Over Authentic Trading on Perpetual DEXs Coinglass is facing backlash after publishing a comparison of perp DEXs, questioning whether reported trading volumes across parts of the sector reflect genuine market activity source: https://beincrypto.com/coinglass-perp-dex-hyperliquid-aster-lighter/