Aster has cemented its position as the #2 perp DEX.
According to DefiLlama data at time of writing, @Aster_DEX now ranks second, after $HYPE, for perp volume metrics across 24h, 7d, and 30d periods.
24-hour: $2.442B
7-day: $12.039B
30-day: $62.818B
It also boasts some $1.719B in open interest, outpacing nearly the entire sector.
The prospect of an alternative perp DEX competing with $ASTER and @HyperliquidX in the near future seems increasingly unlikely...
Aster has now see more than $1.3 trillion in volume...
According to DefiLlama data, @Aster_DEX has now seen a cumulative total of $1.311 trillion worth of perps volume.
It has also made more than $460 million in cumulative protocol fees...
These guys are printing money!
NEW: Billionaire @RicardoBSalinas says people should treat Bitcoin like a house, not a trading account.
"Buy some Bitcoin and store it. Don't look at it."
[Tokenomics Update] $ASTER Buyback and Burn Steps Up to 198%
Aster is upgrading its buyback so the platform's own activity both rewards stakers and sets $ASTER on a deflationary path.
Starting from 12:00 PM UTC today, 99% of Aster's daily platform fees buy back $ASTER. An equal amount of $ASTER is burned from reserve, matching the buyback one for one.
The bought-back $ASTER goes to stakers. Each epoch it is added to Loyalty Rewards (300K $ASTER base, plus the buyback amount), distributed to veASTER by lock weight.
The burn takes team allocation first. $ASTER launched with a total supply of 8,000,000,000. The burn continues until total supply reaches 3,000,000,000.
Buybacks run automatically via TWAP across each day and settle on-chain. The buyback and the burn are both public and verifiable:
- Buyback wallet: 0xa0edBaBcb48034e368de286b49F9603C7AfA1b60
Every permissionless listing on Aster Spot pays a 50,000 USDT fee, used to buy back $ASTER as extra staking rewards.
- Listing fee wallet: 0x39C473f4420e4ae9Ab3fe9e7ceDFc08F9684bB1a
Docs: https://t.co/NU0NXQPPch
The comparison misses the bigger picture.
$ASTER isn’t trying to be Hyperliquid, and it doesn’t need to be. Every successful platform takes inspiration from what works, but long-term winners are defined by how they evolve, innovate, and create value beyond the existing market.
$ASTER is building a different kind of trading platform with its own vision, products, community, and ecosystem. The goal isn’t to copy the leader it’s to build something that can compete with and eventually surpass it.
Competition is what pushes this industry forward. Hyperliquid deserves credit for what it has achieved, but no throne lasts forever in crypto. The market rewards execution, innovation, and user adoption not narratives.
The crown belongs to Hyperliquid today. The question is who will wear it tomorrow.
$ASTER is here to make sure that conversation happens.
Time is a good friend. The price of $ASTER will eventually reach $20 — that day will surely come. Update its price every day until the target is reached. Price recorded starting from $0.4 USD
Day 39: $0.666🚀
F*CK IT, I'M LAUNCHING TOMORROW!
no presale, no team, just a coin
drop your solana address
will distribute some supply out to anyone who interacts with this tweet
like rt & follow.