Aster, a new decentralized exchange for on-chain perpetuals backed by former Binance chief Changpeng Zhao, has recorded its first daily volume win against Hyperliquid.
On Sept. 23, Aster disclosed that traders moved more than $12 billion worth of contracts on its platform in a single day. That figure put it ahead of Hyperliquid, which registered $9.8 billion over the same period.
Aster’s momentum has been fueled by several key factors, including investor enthusiasm linked to Binance founder Changpeng Zhao’s endorsement and the extraordinary surge of its native token. Over the past week, ASTER has rallied more than 2,100%, hitting an all-time high of $1.97.
That price run has drawn liquidity and speculators to the platform, in turn boosting trading volumes and visibility.
However, despite Aster’s rise, the platform’s number still pales significantly against Hyperliquid’s.
DeFiLlama data shows Hyperliquid has recorded nearly $307 billion in trades during the past month, compared with only $27 billion for Aster.
That disparity illustrates how significant Hyperliquid’s lead is, even as these new entrants pressure its market share.
The post Aster’s perpetuals daily volume edges past Hyperliquid with over $12 billion trading surge appeared first on CryptoSlate.
Aster, a new decentralized exchange for on-chain perpetuals backed by former Binance chief Changpeng Zhao, has recorded its first daily volume win against Hyperliquid. On Sept. 23, Aster disclosed that traders moved more than $12 billion worth of contracts on its platform in a single day. That figure put it ahead of Hyperliquid, which registered
The post Aster’s perpetuals daily volume edges past Hyperliquid with over $12 billion trading surge appeared first on CryptoSlate.
This articles is written by : Nermeen Nabil Khear Abdelmalak
All rights reserved to : USAGOLDMIES . www.usagoldmines.com
You can Enjoy surfing our website categories and read more content in many fields you may like .
Why USAGoldMines ?
USAGoldMines is a comprehensive website offering the latest in financial, crypto, and technical news. With specialized sections for each category, it provides readers with up-to-date market insights, investment trends, and technological advancements, making it a valuable resource for investors and enthusiasts in the fast-paced financial world.