Main to remember
Why did Aster increase by 1,000% in a week?
Supported by the CZ and the main lists, Aster attracted two million users, $ 520 billion in volume and exceeded BSC-USDT sales
How does Aster compare himself to the hyperliquid?
The market capitalization of $ 18.9 billion in hyperliquids overshadowed $ 1.6 billion in Aster. However, Aster’s hidden orders and momentum suggested that he could question Hype’s domination later.
The battle for the domination of decentralized exchanges (DEX) intensified while more and more users have moved by exchanging to chain platforms.
On this note, a newly launched ASTER (ASTER) Dex on Binance Smart Chain (BSC), parental channel for Binance Coin (BNB)Created as a competitor of hyperliquid (media threshing).
Aster led the 100 best crypto market with a gain of 54% in 24 hours, while the media threw fluctuated by 0.32%.
After a mention by The founder of Binance Changpeng Zhao (CZ), Aster jumped more than 350% in a day and more than 1,000% in a week, reaching $ 0.50 at his peak.
The market observers wondered if the token rally could compete with the presence of hyperliquid.
In addition to that, discussions on X (formerly Twitter) stressed whether it could support the momentum or if the overvoltage looked like a bubble.
Dex Battle
Innovation and an increasing user base fueled the growing domination of Aster Dex as an exchange.
He draws similarities of pancakeswap (cake) in air and agricultural percentages and tokenomics, according to virtual bacon. Maybe the DEX is ready to become another “2021 cake”, but focusing on 2025.
The project obtained the support of CZ, which obtained lists on Binance Alpha and Futures, Mexc, Gate.io and HTX.
The chain activity supported the media threshing around the ASTER.
About 2 million users had been integrated, contributing to around 520 billion dollars in negotiation volume, according to a cryptographic analyst. On the other hand, Hyperliquid added 683,898 users during the same period.
Despite this, Arkham’s data showed that Aster’s safe has become the second largest BSC-USDT support after the hot portfolio in Binance. Hyperliquid responded by launching USDH, reporting a competition on the liquidity of the stablecoin.
Source: Arkham
In terms of development development, Aster was the first DEX to have hidden orders. The functionality has enabled the placement of limit orders, completely hidden at the public order book.
Besides its advantages, did this characteristic affect the transparency of blockchain technology?
ASTER VS Hype price analysis
At the time of the press, Aster’s market capitalization had culminated at $ 1.60 billion, while the media threw amounted to $ 18.89 billion, which made the hyperliquid about 11 times larger.
On the 15 -minute graph, ASTER maintained its momentum upwards, while the media threw showed signs of a slight recovery after a recent DIP. Hyperliquid was negotiated at $ 56.54, just $ 4 below its peak, highlighting its resilience.
Source: tradingView
This has left the merchants focused on the question of whether the Aster climb could survive a short -term overhaul. Despite the momentum, he had not yet outperformed the liquidity and the rooted scale of hyperliquid.
