Aster Dominates Decentralized Perpetual Futures with Record $25M Daily Fees
Aster has surged to the forefront of decentralized perpetual futures platforms, generating over $25 million in fee revenue within 24 hours—the highest among competitors tracked by DefiLlama. The platform outperformed rivals like Hyperliquid, though it trails in spot trading volume with $199.96 million compared to Hyperliquid's $477.3 million.
Its stealth orders feature, allowing invisible limit orders, sets Aster apart from transparent order book-based exchanges. Multi-chain support and high leverage options have accelerated adoption. Backed by YZi Labs (formerly Binance Labs), Aster rebranded from APX Finance after merging with Astherus in March.