How Does Aster's On-Chain Activity Compare to Hyperliquid in 2025?

This article provides a comparative analysis of Aster and Hyperliquid's on-chain activities in 2025, focusing on active addresses, transaction volumes, and fee growth. Readers will gain insights into the evolving decentralized finance landscape, the user and trader preferences for platform adoption, and the dynamics of market competition. It explores significant disparities in transaction volumes, highlighting Aster's rapid growth versus Hyperliquid's established performance. The article uncovers Aster's surging on-chain fees, suggesting increased user adoption and potential bullish outcomes for ASTER token holders, essential reading for crypto traders and investors seeking detailed assessments and future projections in the decentralized exchange sector.

Aster's active addresses surge to 1.2 million, outpacing Hyperliquid's 800,000

The decentralized perpetual exchange market has witnessed significant growth in 2025, with Aster and Hyperliquid emerging as key players. A closer look at their active address counts reveals a compelling narrative of user engagement and platform adoption. The following table illustrates the comparison:

Platform Active Addresses
Aster 1,200,000
Hyperliquid 800,000

Aster's surge to 1.2 million active addresses marks a substantial milestone, indicating robust user adoption and platform activity. This growth can be attributed to Aster's innovative features, such as multi-chain support and the integration of yield-bearing assets as collateral for perpetuals trading. The platform's ability to offer optimal routing and execution across various liquidity sources has likely contributed to its appeal among traders.

Hyperliquid, while trailing behind Aster in active addresses, maintains a strong position with 800,000 active users. The platform's performance-first approach and deep liquidity continue to attract professional traders and market makers. Hyperliquid's focus on rapid execution times, often settling trades within seconds, remains a significant draw for users prioritizing speed and efficiency.

The disparity in active addresses between Aster and Hyperliquid reflects the evolving preferences of traders in the decentralized perpetual exchange landscape. Aster's higher user count suggests a broader appeal, possibly due to its user-friendly features and diverse offerings. However, Hyperliquid's substantial user base indicates that its specialized approach still resonates with a significant portion of the market.

Transaction volume reaches $20 billion for Aster vs $200 billion for Hyperliquid in September 2025

In September 2025, the cryptocurrency market witnessed a significant disparity in transaction volumes between two major decentralized exchanges, Aster and Hyperliquid. The following table illustrates the stark contrast in their performance:

Exchange Transaction Volume (September 2025)
Aster $20 billion
Hyperliquid $200 billion

This data reveals that Hyperliquid maintained a commanding lead in the decentralized perpetual futures market, processing ten times the volume of its competitor. However, it's crucial to note that Aster's $20 billion volume represented a remarkable surge from just $1 billion at the beginning of the month, indicating rapid growth and increasing market penetration. The dramatic rise in Aster's trading activity sparked debates within the crypto community regarding the authenticity of its reported volumes. Some critics suggested the possibility of wash trading inflating Aster's figures. Meanwhile, Hyperliquid's consistent performance and substantial volume underscored its established position in the market. The disparity between these exchanges highlights the dynamic and competitive nature of the decentralized finance landscape, where new entrants can quickly challenge established players, prompting ongoing scrutiny of trading practices and market dynamics.

Aster's on-chain fees trend upward, growing 150% month-over-month

Aster's on-chain fees have shown remarkable growth, with a staggering 150% increase month-over-month in 2025. This significant uptick in fee generation demonstrates the platform's increasing popularity and usage among cryptocurrency traders. The surge in on-chain fees is a strong indicator of Aster's growing market presence and user adoption. As fees typically correlate with trading volume and network activity, this trend suggests that Aster is experiencing a substantial influx of users and transactions.

The growth in on-chain fees has positive implications for ASTER token holders. A portion of these fees is often used for token buybacks or distributed as rewards, potentially driving up demand for the token. This could contribute to the bullish price predictions for ASTER, with some analysts forecasting a price target of $3.20 by the end of 2025.

Metric Current Prediction (End of 2025)
ASTER Price $1.11 $3.20
On-chain Fees 150% MoM growth Continued uptrend expected

The robust growth in on-chain fees, coupled with positive price predictions, paints an optimistic picture for Aster's future in the decentralized exchange landscape. However, investors should remain cautious and consider market volatility and regulatory factors that could impact the project's trajectory.

FAQ

Which coin will give 1000X in 2030?

ASTER coin has the potential to give 1000X returns by 2030, driven by its innovative technology and growing adoption in the Web3 ecosystem.

What is Elon Musk's coin called?

Elon Musk doesn't have an official coin, but he's closely associated with Dogecoin (DOGE), often calling it 'the people's crypto'.

Which coin will boom in 2025?

ASTER coin is poised to boom in 2025. Its innovative technology and growing adoption make it a top contender for significant price gains in the crypto market.

How much is the aster coin worth today?

As of October 26, 2025, the Aster coin is valued at $1.18, showing a 6.49% increase in the last 24 hours.

* The information is not intended to be and does not constitute financial advice or any other recommendation of any sort offered or endorsed by Gate.