- •Aster hit $42.88B in 24-hour trading volume.
- •Lighter and Hyperliquid followed with $5.75B and $4.61B.
- •Aster is now the dominant force in perp DEX markets.
Aster Dominates Perp DEX Market With Massive Volume
The perpetual decentralized exchange (perp DEX) landscape has a new undisputed leader—Aster. In the past 24 hours, Aster recorded an astonishing $42.88 billion in trading volume, firmly placing it at the top of the leaderboard.
Why Traders Are Flocking to Aster
Aster’s explosive growth is being driven by several factors—low fees, high liquidity, and possibly the buzz created by high-profile figures like MrBeast, who recently invested over $1.28 million in the ASTER token.
Additionally, Aster has been praised for its user-friendly interface and powerful trading tools, making it an attractive choice for both retail and professional traders.
With the broader market recovering, traders are clearly turning to Aster for high-leverage opportunities and deep liquidity pools.
UPDATE: Aster leads perp DEXs with $42.88B in 24h volume, followed by Lighter at $5.75B and Hyperliquid at $4.61B. pic.twitter.com/NLX7V1rWvP
— Cointelegraph (@Cointelegraph) September 29, 2025
What This Means for the DeFi Space
Aster’s 24h volume suggests it’s not just a short-term trend but potentially a long-term player in the decentralized trading ecosystem. Its dominance reflects a growing shift in trader behavior—away from centralized exchanges and toward high-performance, decentralized alternatives.
If this momentum continues, Aster could reshape the perp DEX landscape entirely, pushing others to innovate or risk falling behind.