Aster captured $14.33 million in fees in the past 24 hours, making it the second-largest protocol globally, behind only Tether with $22.18 million. It surpassed major protocols like Circle and Uniswap, with nearly ten times the fee revenue of Hyperliquid. This rapid growth is driven by a surge in perpetual trading volume, whale activity, and its private order book design. Aster’s rise reflects growing DeFi adoption and shifts in crypto trading revenue.
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Aster, a decentralized exchange operating across multiple blockchains, recorded $14.33 million in fees over the…
