# Perp

Perp DEX volume surged to its second-highest day ever, with Hyperliquid alone now doing double Coinbase's volume. Meanwhile, the AZTEC token has seen a significant drop in its pre-market price on Binance.

### About Perp
Perp refers to decentralized platforms for trading perpetual futures contracts.  

### Engagements: [---------] (24h)
![Engagements Line Chart](https://lunarcrush.com/gi/w:600/t:perp/c:line/m:interactions/iv:1d.svg)  
[Engagements 24-Hour Time-Series Raw Data](/topic/perp/time-series/interactions.tsv)  
Current Value: [---------]  
Daily Average: [---------]  
[--] Week: [------] -97%  
[--] Month: [----------] -64%  
[--] Months: [-----------] +242%  
[--] Year: [-----------] +64%  
1-Year High: [----------] on 2026-01-05  
1-Year Low: [-------] on 2025-04-05  

Engagements by network (24h):
TikTok: [------]
News: [--]
Instagram: [--]
YouTube: [------]
X: [---------]
Reddit: [-----]

  
  
### Mentions: [-----] (24h)
![Mentions Line Chart](https://lunarcrush.com/gi/w:600/t:perp/c:line/m:posts_active/iv:1d.svg)  
[Mentions 24-Hour Time-Series Raw Data](/topic/perp/time-series/posts_active.tsv)  
Current Value: [-----]  
Daily Average: [-----]  
1-Year High: [------] on 2025-11-26  
1-Year Low: [---] on 2025-03-12  

Mentions by network (24h):
TikTok: [--]
News: [--]
Instagram: [--]
YouTube: [---]
X: [-----]
Reddit: [--]

  
  
### Creators: [-----] (24h)
![Creators Line Chart](https://lunarcrush.com/gi/w:600/t:perp/c:line/m:contributors_active/iv:1d.svg)  
[Creators 24-Hour Time-Series Raw Data](/topic/perp/time-series/contributors_active.tsv)  
[-----] unique social accounts have posts mentioning Perp in the last [--] hours which is up 7.40% from [-----] in the previous [--] hours
Daily Average: [-----]  
1-Year High: [-----] on 2025-11-13  
1-Year Low: [---] on 2025-03-11  

The most influential creators that mention Perp in the last [--] hours

| Creator                                          | Rank | Followers | Posts | Engagements |
| -------                                          | ---- | --------- | ----- | ----------- |
| [@NPerps](/creator/twitter/NPerps)               | [--]    | [-----]     | [--]     | [--]          |
| [@kopeykin_alex](/creator/twitter/kopeykin_alex) | [--]    | [--]        | [--]     | [--]          |
| [@Honeyxgpt](/creator/twitter/Honeyxgpt)         | [--]    | [------]    | [--]     | [--]          |
| [@shinqtvn](/creator/twitter/shinqtvn)           | [--]    | [-----]     | [--]     | [--]          |
| [@cryptodramz](/creator/twitter/cryptodramz)     | [--]    | [------]    | [--]     | [--]          |
| [@GhizJt](/creator/twitter/GhizJt)               | [--]    | [-----]     | [--]     | [--]           |
| [@Jujubemad](/creator/twitter/Jujubemad)         | [--]    | [---]       | [--]     | [--]           |
| [@cexscan](/creator/twitter/cexscan)             | [--]    | [-----]     | [--]     | [--]           |
| [@0xn4te](/creator/twitter/0xn4te)               | [--]    | [-----]     | [--]     | [--]           |

[View More](/list/creators/perp/100)
  
  
### Sentiment: 58%
![Sentiment Line Chart](https://lunarcrush.com/gi/w:600/t:perp/c:line/m:sentiment/iv:1d.svg)  
[Sentiment 24-Hour Time-Series Raw Data](/topic/perp/time-series/sentiment.tsv)  
Current Value: 58%  
Daily Average: 70%  
[--] Week: 76% +2%  
[--] Month: 53% -25%  
[--] Months: 53% -12%  
[--] Year: 53% -10%  
1-Year High: 91% on 2026-01-04  
1-Year Low: 10% on 2025-09-08  

Most Supportive Themes:
- Perp DEXs Gaining Traction: (60%) Decentralized exchanges offering perpetual futures contracts are experiencing increased activity and development.
- Innovation in Trading Features: (25%) Perpetual futures platforms are introducing advanced features to enhance the trading experience.
- Focus on User Experience and Accessibility: (15%) There's a growing emphasis on making perpetual futures trading more accessible to users.
  
Most Critical Themes:
- Competition and Market Saturation: (50%) The perpetual futures decentralized exchange market is becoming increasingly crowded.
- Sustainability of Incentives and Revenue Models: (30%) Questions are being raised about the long-term viability of current incentive structures and revenue models.
- Regulatory Uncertainty and Market Volatility: (20%) The inherent volatility of crypto markets and potential regulatory shifts pose risks to the perpetual futures trading landscape.
  

### Top Perp Social Posts
Top posts by engagements in the last [--] hours

*Showing a maximum of [--] top social posts without a LunarCrush subscription.*

""If you value it as a perp DEX it's pretty fairly valued but if you value it as a Layer1 it should be where Solana is" hyperliquid Considering @HyperliquidX remains one of the few crypto projects in the green to start [----] we chatted with another $HYPE DAT CEO to get the bull case: "If you value it as a perp DEX it's pretty fairly valued but if you value it as a Layer1 it should be where Solana is" 👀 https://t.co/d2cFkdgEIC Considering @HyperliquidX remains one of the few crypto projects in the green to start [----] we chatted with another $HYPE DAT CEO to get the bull case: "If you value it"  
[X Link](https://x.com/ryandcrypto/status/2021634222755393954) [@ryandcrypto](/creator/x/ryandcrypto) 2026-02-11T17:15Z 240.4K followers, [----] engagements


"dot hls dont live in the real world. they think the bear market wont touch them because their coin is doing better than others. let me get this straight - NO ONE WILL BE SPARED hype was pumped by insiders into HIP-4 news. prediction markets are cool but irrelevant for revenue its a perp dex first and foremost it makes money from people leverage trading BTC BTC is going to die and so will volatility HYPE to $10. even single digits are possible https://twitter.com/i/web/status/2021618934143684948 https://twitter.com/i/web/status/2021618934143684948"  
[X Link](https://x.com/Henrik_on_HL/status/2021618934143684948) [@Henrik_on_HL](/creator/x/Henrik_on_HL) 2026-02-11T16:14Z 10.4K followers, [----] engagements


"The growth of @HyperliquidX is actually insane. Early [----] the entire perp DEX sector was doing around $20B a week. By May [----] Hyperliquid alone was pushing $80B weekly. Now its Feb [----] and Hyperliquid is doing 2x Coinbases total volume. Today the numbers are wild. @coinbase sits at $1.4T in volume while Hyperliquid is at $2.6T. And the market is responding accordingly with $HYPE up over 31% while $COIN is down 27%. Shout out to @Axel_bitblaze69 for pointing this out. https://twitter.com/i/web/status/2021616887000408128 https://twitter.com/i/web/status/2021616887000408128"  
[X Link](https://x.com/CryptoMalfoy_/status/2021616887000408128) [@CryptoMalfoy_](/creator/x/CryptoMalfoy_) 2026-02-11T16:06Z [----] followers, 12.4K engagements


"Back Story: So [--] hours ago the FAA announced a [--] day closure of airspace on El Paso airport over temporary flight restrictions for special security reasons This was supposed to last from 11th - 21st February. Now it has lifted the restriction and deemed it safe for commercial use. https://twitter.com/i/web/status/2021605942215712833 https://twitter.com/i/web/status/2021605942215712833"  
[X Link](https://x.com/NPerps/status/2021605942215712833) [@NPerps](/creator/x/NPerps) 2026-02-11T15:23Z [----] followers, [----] engagements

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