How Does Aster Compare to Hyperliquid in the DEX Market?

Aster offers up to 300x leverage on HYPE to compete with Hyperliquid

In a bold market-disrupting move, Aster has introduced an unprecedented 300x leverage option for trading HYPE tokens, dramatically intensifying the competition in the decentralized perpetual trading space. This leverage offering significantly outpaces what traders can access elsewhere, creating a compelling draw for high-risk traders seeking amplified exposure.

The competitive landscape between these two leading protocols is evident when examining their key metrics:

Aster's aggressive leverage strategy has already shown significant impact, with the protocol briefly eclipsing Hyperliquid in daily trading volume. During its first week, Aster generated an impressive $228 billion in trading volume, nearly triple Hyperliquid's $80.5 billion during the same period. This strategic feature has helped Aster rapidly capture market share in the evolving DeFi landscape of 2025, where Hyperliquid's once-dominant position has eroded from 71% to 38% of the on-chain perpetuals market.

Aster's TVL grows 165% to $165 million in 3 months

Aster has demonstrated remarkable growth in its Total Value Locked (TVL), expanding by 165% to reach $165 million within just three months. This impressive trajectory highlights the platform's increasing adoption among users seeking decentralized trading solutions. The rapid TVL growth preceded an even more dramatic expansion, as Aster quickly achieved the $1 billion TVL milestone shortly after its token launch.

The platform's native token performance contributed significantly to this growth, with $ASTER surging an extraordinary 1,650% within its first 24 hours of trading. This token appreciation created a powerful momentum effect that attracted substantial capital inflows to the protocol.

Market data indicates Aster continued its expansion after reaching the $1 billion milestone, with the platform's daily trading volumes reaching unprecedented levels. The protocol generated over $25 million in daily fees, surpassing established financial protocols including Tether. Aster's ability to attract 330,000 new users while generating $345 million in trading volume during its launch phase demonstrates the strong market demand for its innovative perpetual and spot trading services across multiple blockchain networks.

Aster expands beyond BNB Chain to support multiple blockchains

Aster has strategically expanded its ecosystem beyond the initial BNB Chain foundation to incorporate multiple blockchain networks, including Ethereum (ETH), Solana (SOL), and Arbitrum (ARB). This multi-chain integration represents a significant evolution for the platform, transforming it from a single-chain DEX to a comprehensive cross-chain liquidity aggregator. The expansion provides traders with seamless access to diverse markets while maintaining the platform's core functionality across different blockchain environments.

The multi-chain approach has contributed substantially to Aster's remarkable growth metrics, with the platform processing approximately $9 billion in weekly trading volume by late September 2025. This strategic positioning has enabled Aster to capture nearly 17% of the decentralized perpetual market share, as shown in its performance data:

By connecting to multiple blockchains, Aster has created a unified trading environment where users can access liquidity across various networks while benefiting from the platform's innovative features such as hidden orders, yield-generating trading collateral, and the dual trading mode system. This cross-chain functionality has positioned Aster as a formidable competitor in the rapidly growing DeFi derivatives market.

FAQ

What is Aster crypto?

Aster is a decentralized exchange launched in September 2025, offering spot and perpetuals trading. It allows users to earn yield while trading, combining active trading with passive income generation.

What coin is Elon Musk using?

Elon Musk is known to support several coins, including Dogecoin, Dogelon Mars, Floki Inu, Grok, and Kekius Maximus.

Which crypto coin will be 1000x?

ASTER coin has the potential to achieve 1000x returns due to its innovative technology and growing adoption in the Web3 space.

Where can I buy an Aster coin?

You can buy Aster coins on popular cryptocurrency exchanges. First, purchase stablecoins like USDT, then trade them for ASTER on supported platforms.