How Aster Overtook Hyperliquid in Trading Volume: A Tale of Whales, Shadows, and Big Bets!

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In a shocking twist that no one could have predicted – except, perhaps, the crypto gods themselves – Aster, a decentralized exchange for on-chain perpetuals, has overtaken Hyperliquid in daily trading volume. Yes, you heard that right. The once-dominant Hyperliquid is now trailing behind, as Aster takes center stage in this circus of decentralized chaos.

According to the illustrious DefiLlama (because who wouldn’t trust a llama with decentralized finance data?), Aster clocked in a jaw-dropping $793 million in transactions over the past 24 hours. Meanwhile, Hyperliquid could only muster a pitiful $462 million. Poor Hyperliquid, the glory days are behind you, apparently.

Aster’s DEX Volume Flips Hyperliquid

This performance-let’s call it a performance because it’s nothing short of spectacular-has catapulted Aster into the top six decentralized exchanges by volume, while Hyperliquid found itself falling into the ninth spot. Ouch, that’s gotta sting.

It’s truly a rollercoaster ride in the world of decentralized exchanges. Despite Aster’s impressive 24-hour show, it’s still trailing behind Hyperliquid when we look at the weekly totals. Aster has cleared about $1.79 billion in trades over the past seven days-still a distant echo to Hyperliquid’s $5.78 billion. But who needs the whole week when you can make a splash in just one day, right?

Nevertheless, there’s something deliciously amusing about the wild fluctuations in daily volumes. It seems traders have suddenly found Aster to be their new playground. Maybe they were bored of the other DEXs? Who knows.

So, how did Aster manage this? Well, much of the credit goes to Binance’s own Changpeng Zhao. Yes, the mighty Zhao has once again injected his magic into the world of crypto. He’s been championing Aster’s multi-chain support and its unique trading design. I mean, if you can get Zhao on your side, you’re probably doing something right.

One of Aster’s standout features? Hidden orders. Yes, you can place trades without anyone knowing. It’s like playing hide-and-seek with the entire network. This little trick helps cut down on front-running and makes it harder for price manipulation to rear its ugly head. Brilliant, right? Or just a really good way to keep the big fish from eating the little ones.

“Aster is not a BNB Chain exclusive perp dex. It supports multiple chains natively. It also supports hidden orders. Different from other perp dex designs,” Zhao proudly declared. No need for a humble brag here, is there?

By offering this ‘shadow zone’ for order execution, Aster has done what many thought was impossible: it’s managed to rise above the chaos and stand out in a crowded market. Who knew that shadows could be so profitable?

Token Rally Draws Whale Bets

The fun doesn’t stop there. Aster’s native token has gone on a rollercoaster ride of its own. In the past week, it surged by a staggering 800%, briefly hitting an all-time high near $2. 💸 Talk about a token on steroids!

This meteoric rise has attracted the attention of the big boys. Blockchain analytics firm Lookonchain has been keeping an eye on some of the more ambitious bets placed on Aster. Enter @CookerFlips, an influencer with a knack for knowing when to make a move. After depositing $1.24 million into Aster, CookerFlips pulled out a cool $5 million in profit within three days. Not bad for a few days of ‘work,’ huh?

Influencer @CookerFlips withdrew 5.57M $ASTER($6.7M now) from #Aster 2 hours ago.@CookerFlips deposited ~$1.24M in total into $Aster over the past 3 days.

Making a profit of over $5M in just 3 days!

– Lookonchain (@lookonchain) September 20, 2025

And then there’s Ogle, an advisor at World Liberty Financial. Ogle opened a 3x leveraged long position on ASTER, and now sits on $357,000 in unrealized gains. And before you get jealous, remember-he’s already pocketed nearly $1 million in realized profits from earlier trades. At this rate, Ogle might just retire early and start a collection of yachts.

Market experts have weighed in, and they say these aggressive bets are a direct reflection of Aster’s volatility. Oh, and they also show that some traders believe Aster’s rise to fame is just getting started. So, if you’re still not paying attention to Aster, maybe it’s time to ask yourself why you’re missing out. Or, you know, you could just keep staring at Hyperliquid’s plummeting numbers.

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2025-09-21 17:13