Decentralized Perpetual Futures Trading

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Aster Surpasses Hyperliquid Trade Volume, Generates More Fees Than Circle, Tether
Yahoo Finance· 2025-09-29 11:23
| Credit: Gary Hershorn/Getty Images. Key Takeaways Until recently, Hyperliquid dominated the market for decentralized perpetual futures trading. New-kid-on-the-block Aster has overtaken Hyperliquid’s seven-day volume. Aster has generated more fees in the past 24 hours than any other protocol. Since Aster exploded onto the scene earlier this month, once-dominant Hyperliquid faces stiff competition from the new decentralized perpetual futures exchange in town. Not only has Aster confidently surpas ...