Aster’s price continues to dwell in the limelight on both CoinGecko & CoinMarketCap, two most popular crypto price aggregators. The competition in decentralized finance (DeFi) for the spot of Perpetuals king is only getting more intense, as Aster’s new platform surpassed Hyperliquid’s (HYPE) for the first time ever.
Aster DEX Flips Hyperliquid, Token Bursts Into TOP 50
On September 24, 2025, the newcomer altcoin picked a fresh spot in crypto’s TOP 50 by global market cap, garnering nearly $4 billion just weeks into launch. This figure has backtracked by 13.5% after Aster’s price hit an all-time peak last night at $2.41. Zooming out, the growth in 8 days since launch is an astonishing 1,989.7%.
With today’s pullback, Aster’s DeFi exchange has topped Hyperliquid, indicating a 33% hike in volume since last trading day. With $2.58 billion traded in 24 hours, Aster’s native coin poses as a strong case on its own, but the perpetual DEX scored nearly $22 billion in trading volume within the platform.
CZ Got Aster’s Back: Hyperliquid’s Getting Put To Dust?
Figuratively, that’s twice more than the main competitor Hyperliquid (HYPE), whipping up $9.79 billion, according to the real-time data from DefiLlama. Despite Hyperliquid also running a Spot market section, Spot trades garnered just above $500 million in trading volume during the same period.
Notably, a huge Aster price spike occurred when Binance’s founder Changpeng ‘CZ’ Zhao posted an endorsement of the new platform, pulling away some of Hyperliquid’s customers. With Aster’s DEX being in very early days, the Perpetual exchange is already whipping up more in terms of daily fees than Hyperliquid, with $4M & $2.9M on daily average, respectively.
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Aster hit $22B in 24h perpetuals volume, driven by a revamped airdrop points system (ending Oct 5) rewarding traders with ASTER tokens, plus CZ’s hype fueling adoption on BNB Chain’s low-fee network.
ASTER surged 452% in 48 hours post-launch (Sep 17, 2025), reaching ~$2.4, with weekly gains over 2,100%, pushing its market cap to $3.3–$3.9B.
Aster’s high-leverage (300x) perps, $4M daily fees, and $1.25B open interest (+33,500%) outpace Hyperliquid’s $9.6–$10B volume and $2.9M fees. BNB Chain’s speed and CZ’s clout amplify the rally.
Potentially to $4 if daily volume holds >$20B and airdrop FOMO continues. But profit-taking could test $1.50 support, especially if Hyperliquid counters with upgrades.
Hyperliquid’s HYPE token dipped 6–22% to ~$45–$50, with $9.6–$10B daily volume lagging Aster. Its $12.1B market cap still leads, but Aster’s stealing liquidity.
