I think the trend today is to have a open top to help in the removal and exchange of gasses produced and exchanged by your system,....that's why a " auto top off" ATO system is so important in today's salt water tank,....I think on a 125 gal tank with an open top you would probably lose maybe 5-6 gallons a week,...then of course your salinity would rise accordingly... With the ATO installed your water parameters would always stay the same and you don't have to do any work.
I just recently installed my ATO on my tank and I couldn't be any happier with it's performance .