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Arbitrum perp volume rises while open interest falls: are traders closing or rotating into GMX?Allocate $10,000 between GMX on Arbitrum and Hyperliquid for the next 30 days?Chart Arbitrum perp volume against open interest and mark divergences over 90 daysArbitrum perp open interest climbs but its volume-to-OI ratio falls: is leverage crowding out turnover?Enter GMX now or wait for Arbitrum perp open interest to cool?

As of Nov 13, 2026, perp volume on Arbitrum totaled $2.083b in the last 24 hours and $12.679b in the last 7 days; the largest protocols are Variational ($1.927b), GMX ($93.8m) and Aark Digital ($48.76m).

Perp Volume on Arbitrum

Perp Volume (24h)as of Nov 13, 2026$2.083b

Open Interest$872.19m

Perp Volume (30d)$69.264b

Weekly Change-15.73%

Top gainers (7d)

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Aark Digital$499.4m+60.84%

SYMMIO$6.27m+55.35%

Top losers (7d)

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Nova Markets$3.7m-60.49%

Ostium$17.63m-42.67%

Combined

DWMQYC

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AllGainersLosers

6ColumnsAdd to Dashboard.csv

Name	Normalized Volume 24h	Reported Volume 24h	Open Interest	Reported Volume 7d	Change 7d	Reported Volume 30d
Variational1 chain		$1.927b	$809.12m	$11.625b	-17.54%	$65.087b
GMX4 chains		$93.8m	$50.81m	$397.07m	-2.16%	$1.765b
Aark Digital1 chain		$48.76m		$499.4m	+60.84%	$1.245b
Hibachi3 chains	$7.77m	$8.21m		$77.82m	-30.29%	$629.72m
SYMMIO9 chains		$3.85m	$201,405	$6.27m	+55.35%	$22.03m
Ostium1 chain		$1.11m	$9.63m	$17.63m	-42.67%	$102.14m
Nova Markets1 chain		$584,712		$3.7m	-60.49%	$24.53m
MUX Protocol5 chains		$185,944	$215,513	$1.75m	-17.59%	$8.99m
Denaria1 chain		$104,511	$11,460	$259,625	-34.48%	$1.95m
Koo.xyz1 chain		$14,391		$83,132	-18.42%	$1.52m
Challenge4Trading Perp1 chain		$1.26	$1.02	$1,979	+19,934%	$1,989
Gambit Trade2 chains		$0		$0		$0
D8X4 chains		$0		$0		$0
MYX Finance4 chains		$0	$0	$0		$0
IPOR Protocol3 chains		$0		$0		$0
Y2K Finance1 chain		$0		$0		$0
Cap Finance1 chain		$0		$0		$0
PancakeSwap3 chains		$0		$0		$0
Contango10 chains		$0	$0	$0		$0
Gains Network5 chains			$2.19m	$49.73m		$376.43m
JOJO3 chains
Vela Exchange2 chains
SpaceDex2 chains
UrDEX Finance1 chain
BLEX1 chain
IntentX4 chains
Substance Exchange2 chains
Lexer Markets1 chain
Pingu Exchange2 chains
Defx2 chains
Jetstream1 chain
UniDex13 chains
DESK2 chains
SynFutures4 chains
EDE2 chains
Level Finance2 chains
Bluefin2 chains
Vertex Edge7 chains
Satori Finance16 chains
KTX.Finance3 chains
Perennial2 chains
Equation1 chain
Synthetix2 chains
Pear Protocol1 chain