The Breakout Year for Perp DEXes
Decentralized perpetual exchanges (Perp DEXes) have officially become one of the strongest narratives of 2025 — and the comparison chart below makes this trend undeniably clear.
The four leading names : Hyperliquid $HYPE ,$ASTER , Lighter and $edgeX - have each carved out distinct positions through their infrastructure, liquidity mechanisms, and product suites.
Despite their different approaches, they all share one thing in common: explosive growth and exceptional market traction
Hype and Aster are currently undergoing a market-wide correction, but they remain two highly promising assets for long-term accumulation and investment.
From CoinMarketCap


ASTERUSDT
Perp
0.9334
-2.82%

HYPEUSDT
Perp
28.01
-7.15%
