Aster trading volume surges! On-chain perpetual futures DEX surpasses Hyperliquid

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Keep an eye on Aster DEX's rapid growth! A simple explanation of the latest trading volume news

Hi, I'm John. Today I'll be sharing the latest excitement about Aster, a decentralized exchange (DEX, a platform that allows users to trade without a central authority on the blockchain). Even if you're a beginner, feel free to read on.

In the world of cryptocurrencies, DeFi (decentralized finance, financial services using blockchain) is rapidly evolving. Perpetuals (perpetual futures contracts, trading tools that allow users to bet on asset price fluctuations without expiry) are particularly popular, and new DEXs like Aster are attracting attention. Why is this important now? The explosive growth in trading volume signals the booming of the cryptocurrency market as a whole. First, let's get this out of the way: the news that Aster's daily trading volume surpassed its competitors is symbolic of a market shift.

For those who are starting cryptocurrency trading for the first time, choosing a reliable exchange is key. We have summarized the comparison points of major services in an easy-to-understand manner, so please refer to the following:How to Choose and Compare Cryptocurrency Exchanges for Beginners

What is Aster? Let's review the basics

Aster is a new decentralized exchange that emerged in 2025 and specializes in trading perpetuals. It has attracted attention for being backed by former Binance CEO Changpeng Zhao (CZ). In the past, existing DEXs like Hyperliquid led the market, but Aster is currently growing rapidly thanks to its low fees and high liquidity (ease of trading).

The platform is non-custodial (users manage their own assets) and prioritizes security. It is multi-chain compatible (transactions can be made across multiple blockchains), and has a simple mode for beginners and a pro mode for advanced users. More chain integration is likely to be implemented in the future, making it easier to use.

Breaking News: Trading Volume Surges to Overtake Hyperliquid

According to the latest information on September 23, 2025, Aster's perpetuals daily trading volume exceeded $12 billion, surpassing Hyperliquid for the first time. This was confirmed by reports from BeInCrypto and BitcoinEthereumNews. Specifically, it processed $793 million in 24 hours, attracting market attention.

Over the past week, Aster's token price has skyrocketed, reaching $1.93 according to CoinMarketCap, with 24-hour trading volume exceeding $25 billion. TVL (Total Locked Value, the total assets held on the platform) has also exceeded $390 million. This momentum is currently symbolic of the vitality of the DeFi sector as a whole, and we'll be keeping a close eye on future news.

Comparison with Hyperliquid: What's the difference?

While Hyperliquid has been expanding its share of the perpetuals market since around 2024, Aster is differentiating itself with the backing of CZ and integration with Binance. Currently, Aster's trading volume has surpassed Hyperliquid, reaching $700 million in 24 hours, according to CryptoBriefing.

To put it simply, Aster's appeal lies in its diverse chain support and low fees (around 0.03%). On the other hand, Hyperliquid specializes in a single chain and is highly stable. In the future, Aster may further increase its market share, and competition is likely to intensify.

Check out Aster's strengths in bullet points

Low Fees: Low trading costs make it ideal for frequent traders.
High Leverage: Trading at up to high multipliers is possible (however, be aware that there is a high risk).
Multi Chain: Supports multiple platforms including BNB Chain, allowing for flexible asset transfer.
Yield Opportunities: Additional earnings are possible through staking (depositing assets and receiving rewards).

By taking advantage of these, you can easily try out perpetuals, but start with a small amount.

Tips for utilization and risk management

The trick to using Aster is to get used to it in simple mode first. In the past DeFi boom, sudden price fluctuations made it easy to incur losses, so now it's a good idea to check market data on CoinGecko. Investment is at your own risk, so remember there's a possibility of loss.

Risks include the volatility of virtual currencies (intense price fluctuations) and security threats. Countermeasures include setting up two-factor authentication and using a trusted wallet. Legally, in Japan, follow the regulations of the Financial Services Agency and don't forget to file tax returns. There are plans to tighten regulations in the future, so it's important to keep up with the latest information.

Looking ahead: Will Aster change the future of DeFi?

The current surge in Aster's trading volume indicates the maturity of DeFi. According to reports from TheStreet and Cryptonomist, the price rose 54% following the listing on Binance and the DEX upgrade. Further adoption could make monthly trading of tens of billions of dollars a reality.

However, the market is unpredictable. We do not offer investment advice, but we encourage you to continue gathering information. If you are unsure which company to choose, compare fees, stocks handled, and ease of use of the UI. For a detailed comparison,click here.

Summary: John's thoughts

The news about Aster shows us how dynamic DeFi is. Even if you're a beginner, I recommend you first get a solid foundation and take on the challenge. The market is volatile, but you can have fun while learning. Finally, I hope your cryptocurrency life is enriched.

This article has been compiled and fact-checked by the author, based on the following original articles and public information:

How to choose and compare cryptocurrency exchanges for beginnersclick here .

Aster surpasses Hyperliquid with over $12 billion in a single day!