{"id":4576,"date":"2025-09-20T10:39:55","date_gmt":"2025-09-20T10:39:55","guid":{"rendered":"https:\/\/dailystreetchronicle.com\/index.php\/2025\/09\/20\/aster-shakes-the-crypto-market-with-1200-jump-eyes-hyperliquids-throne\/"},"modified":"2025-09-20T10:39:55","modified_gmt":"2025-09-20T10:39:55","slug":"aster-shakes-the-crypto-market-with-1200-jump-eyes-hyperliquids-throne","status":"publish","type":"post","link":"https:\/\/dailystreetchronicle.com\/index.php\/2025\/09\/20\/aster-shakes-the-crypto-market-with-1200-jump-eyes-hyperliquids-throne\/","title":{"rendered":"Aster Shakes the Crypto Market with 1200% Jump, Eyes Hyperliquid\u2019s Throne"},"content":{"rendered":"

The post Aster Shakes the Crypto Market with 1200% Jump, Eyes Hyperliquid\u2019s Throne<\/a> appeared first on Coinpedia Fintech News<\/a><\/p>\n

In just a few days, a small new token has captured the attention of the entire crypto world. Aster (ASTER) shot up over 1200% since its launch<\/a>, reaching a market value near $2 billion. Meanwhile, traders are now asking a big question: can this newcomer challenge Hyperliquid, the established giant in the decentralized derivatives market?\u00a0<\/p>\n

Let’s break it down!<\/p>\n

Aster Makes a Stunning Debut<\/h2>\n

Aster entered the crypto market with a bang, surging nearly 1200%. The jump was driven by speculation around Binance founder Changpeng Zhao\u2019s involvement, with a single tweet sending ASTER to $1.16<\/a><\/p>\n

According to CryptoQuant analyst Maartunn<\/a>, this surge may be more than just hype. Traders see Aster as an opportunity to capture part of Hyperliquid\u2019s $2.7 billion daily trading volume and $4.09 billion open interest, making it one of the most-watched DeFi projects.<\/p>\n

On top of it, Aster reached $782 million<\/a> in total value locked (TVL) shortly after launch. Even after the initial excitement settled, the platform held $655 million in TVL, nearly double its pre-launch levels, placing Aster among the most active decentralized derivatives platforms.<\/p>\n

Hyperliquid: The Established Giant<\/h2>\n

Aster’s immense jump has challenged the existence of Hyperliquid\u2019s (HYPE) in a DeFi showdown. Although Hyperliquid isn\u2019t new to the scene with its well-known token HYPE, it has built a strong reputation in perpetual futures trading, holding 73% of the DEX market by mid-2025.<\/p>\n

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Aster is a direct competitor to Hyperliquid \u2014 a perpetual DEX that\u2019s exploded in popularity.<\/p>\n

For context: on Sept 19, Hyperliquid hit massive volume + open interest, taking real market share. pic.twitter.com\/EHSeuYKosh<\/a><\/p>\n

— Maartunn (@JA_Maartun) September 20, 2025<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n

In July 2025 alone, it recorded $320 billion in trading volume and $86.6 million in protocol revenue, thanks to a 97% fee allocation for HYPE token buybacks through its Assistance Fund.<\/p>\n

However, is token, HYPE, has steadily grown from $10 to $60<\/a> over the past six months, backed by strong trading volumes and a loyal user base.<\/p>\n

For new projects like Aster, matching this level of stability and trust is no small feat. Perhaps, its early performance has positioned it as a serious competitor in the growing DeFi space, attracting attention from both traders and crypto enthusiasts.<\/p>\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

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