💥Crypto Alert on Binance! HYPE vs. ASTER: Who Dominates Derivatives Trading? 🚀
The competition in decentralized derivatives is intensifying. The emergence of Aster, the giant of BNB Chain, shakes the market. After Francisco Rodrigues' talk about Tokens, we reveal the HYPE analysis of Hyperliquid plummeting, surpassed in daily volume and Open Interest by the meteoric rise of Aster. This exchange shoots its TVL and its token ASTER to record figures, while the upcoming unlocks pressure HYPE. Discover the details that redefine the future of on-chain trading.
📈Aster Takes Down Hyperliquid (HYPE)
🚨 The Fall of HYPE and the Anxiety for Unlocks
The HYPE token of Hyperliquid shows underperformance in the market due to a lethal combination of fierce competitor pressure and anxiety over unlocks. Investors anticipate the gradual release of 237 million HYPE (valued at over 10 billion) starting at the end of November, generating strong bearish pressure that has already dropped the token from 58.4 to 43.
🌟 Aster: The New Giant of BNB Chain
The big surprise comes from Aster, the derivatives exchange based on the BNB Chain and backed by YZi Labs, which has surpassed Hyperliquid in daily perpetual trading volume. A shockwave in the on-chain trading ecosystem!
In one week, its metrics are astronomical: Open Interest skyrocketed by 33,500% (3.7M to 1.250B), its volume in 24h exceeded 35.800M (more than double that of Hyperliquid), and the TVL nearly tripled to 1.85B. What drives this explosive growth?
🚀 The ASTER Token in Orbit
The native token of the platform, ASTER, has been the big beneficiary, increasing by more than 344% in the last week to reach 2. This gives it a total diluted valuation of 15.9 billion dollars.
