In the third quarter, DEX open interest jumped 76% to $24 billion, even though trading volume fell 16% to $1.4 trillion. Growth was led by Super Liquid, which more than doubled its open interest to $13 billion (~53% share), alongside gains from trading in hip-3[xyz] (~$3.9 billion), variational (~+78%), lighter (~+107%) and ester (~+66%) spreads as new markets expand - link | AI note.