ASTER Records Over $42 Billion in Daily Volume to Lead Decentralized Perpetual Trading Market

ASTER leads decentralized perp trading with over $42 billion in daily volume and strong protocol fee growth.

Wintermute moved $4.8 million worth of ASTER tokens to exchanges, showing active trading behavior.

ASTER price holds steady despite token transfers and gains attention from traders and crypto communities.

ASTER has become the leading platform for decentralized perpetual trading. According to DefiLlama, ASTER recorded over $42 billion in 24-hour perp volume. This performance generated roughly $15 million in daily protocol fees.

These numbers position ASTER ahead of competitors such as dYdX, Hyperliquid, and GMX. It currently holds the top position in both trading activity and protocol revenue.

The platform’s strong metrics are attracting growing interest from institutional and retail traders. Market participants are closely watching ASTER's progress amid its sharp rise in transaction volume and fees.

Support and Token Surge

The token has seen a significant price increase of over 1,500% in recent weeks. This growth aligns with the growing interest of prominent crypto figures.

The price performance has been supported by market confidence and community attention. Although the price fell 3.7% today, it remains up 120% over the past week.

Charts from TradingView show that ASTER's price recently crossed $2 before facing a slight correction. This volatility reflects increased activity and trading interest in the token.

Wintermute Moves $4.8 Million in ASTER to Exchanges

Crypto market maker Wintermute has moved large amounts of ASTER tokens to centralized exchanges. Data from Arkham Intelligence confirms these transfers over the past 24 hours.

Wintermute sent over $1.3 million worth of ASTER to a Bybit account in several smaller batches. Each transaction ranged between $135,000 and $142,000.

More significant volumes went to Gate. Two major transfers totaled approximately $3.5 million. One included 1.19 million ASTER, valued at $2.24 million. Another moved 619,000 ASTER, worth about $1.2 million.

Combined, the outflows to Bybit and Gate surpassed $4.8 million, showing an increased presence of ASTER on exchanges. These movements suggest active positioning by key market participants.

Rumors and Clarifications

Online discussions have highlighted speculation about notable buyers. These include names like the Trump family and MrBeast. However, these claims remain unverified.

During a recent ASTER X Spaces event, new details about ASTER’s connections emerged. Binance’s co-founder addressed some of the ongoing speculation.

He clarified that former Binance employees are involved in ASTER. He also noted that YZi Labs has a minority stake in the project.

This information has increased credibility around ASTER while dismissing assumptions of Binance ownership. The clarifications have helped stabilize sentiment and reduce market confusion.