BNB Chain Surpasses Hyperliquid in Perpetual Volume with Aster Boost
- BNB Chain’s DEX Aster has helped it reach a $21.6 billion perpetual volume, overtaking Hyperliquid’s $10.7 billion.
- Aster’s native token surged by 41.4% in the past day, reaching a market cap of $3.9 billion and ranking as the 47th largest cryptocurrency.
- Binance Smart Chain validators propose reducing gas fees from 0.1 gwei to improve trader experience and competitiveness.
- Hyperliquid remains a major player with a $326.77 billion monthly volume, significantly higher than Binance’s $60.12 billion.
The surge in BNB Chain’s perpetual trading volume is largely driven by the new DEX Aster, which has gained significant investor interest and support from Binance co-founder Changpeng Zhao.
Despite BNB Chain’s recent gains, Hyperliquid maintains a strong position with its substantial monthly volume, indicating ongoing competition between these platforms for dominance in the decentralized exchange market.(Source)
