#BREAKING
đ„ Aster beats Hyperliquid, Circle & Ethena
Aster Dex ($ASTER ) has exploded onto the scene, setting records that are shaking up DeFi.
1ïžâŁ Beating Hyperliquid (Perp DEX Battle)
Daily Volume: $24.7B â $40B vs. Hyperliquidâs $10B â $17B.
Daily Revenue: $7.2M+ vs. Hyperliquidâs $2.7M.
Open Interest: Growth off the charts, briefly overtaking Hyperliquid.
âïž Caveat: Hyperliquid still leads on weekly & cumulative volume.
($HYPE )
2ïžâŁ Surpassing Circle & Ethena in Revenue
Aster hit $56.3M in 7-day fees, 2nd only to Tether.
Circle (USDC) ~$54M â now trailing Aster.
Ethena at just $3Mâ$5M daily fees.
($ENA )
đ The Punchline
CZ posted:
"At the risk of stating the obvious:
Aster's per-trade fees are lower (cheaper for users).
Lower fees, higher volume. "
This reminds me of the competition between McDonaldâs and Burger King. đ€Ą âïž đ