According to Wu Blockchain and DeFiLlama data, on the day of the major drop, Perp DEX recorded its second-highest single-day trading volume in history, surpassing $70 billion on February 5, second only to the '1011' flash crash on October 10, 2025. Among them, Hyperliquid reached $24.7 billion in single-day trading volume, Aster hit $10 billion, edgeX reached $8.7 billion, and Lighter hit $7.5 billion, etc.