Aster vs Hyperliquid: BNB Chain DEX Perps Volume Derails the HYPE Train

The battle of the DEXs is hotting up, as BNB Chain-based decentralized exchange Aster has helped its parent chain to surpass Hyperliquid’s 24-hour perpetual trading volume. BNB Chain’s 24-hour perpetual volume stands at $21.6 billion, overtaking Hyperliquid’s $10.7 billion, according to data from Dune Analytics. EdgeX and Light followed closely with $8.2 billion and $6.2 billion, respectively. In terms of overall trading volume, the two exchanges are jockeying for position. Per CoinGecko data, Hyperliqui ...