For the past year, Hyperlquid has dominated onchain derivatives trading. Nobody had come close to touching their market share or technology. But recently, one of the biggest names in crypto has been tweeting about Aster like it's the second coming of DeFi with billions behind it and some truly unhinged features.Could Aster therefore threaten Hyperlid's reign. Today we find out. My name is Guy and you're watching the Coin Bureau.First things first, none of this is financial advice. It's just educational cont ...

DEX perp wars ...

Heard on the Street: Traders seeking rapid returns have made "perps"—perpetual futures—popular https://t.co/cxqQwHM8xr ...

Aster, an emerging decentralized exchange on the Binance Smart Chain, has been flying lately, with its token jumping 47% over the last day and setting a new all-time high of $2.12 on Tuesday afternoon. And predictors on Myriad, a prediction market developed by Decrypt’s parent company Dastan, believe there is a 45% chance Aster continues its charge and hits $4 by the end of October. That would nearly double its current price of $2.06. Aster has generated $4.58 million in daily revenue, according to on-chain ...

Perps? ...

🐋 UPDATE: 6 perps worth $101M are bleeding.PnL: - $2.91M overall.Biggest losers: $ASTER (-$1.74M), $BTC (-$1.09M).Only green: $DOGE (+$307K) + $ETH (+$64K).The whale is still holding tight. https://t.co/NiqoDPUSEQ ...

🐋 HUGE: A whale opened 6 perps currently valued at $101M.The current PnL is -$2.6M where most of the positions are short. https://t.co/5OMwu3bVAv ...

Make bigger moves with smaller stakes.Say hello to Kraken Perps.Go long. Go short. No expiry.Simple UI. Built-in protection.Rolling out progressively this week to users in select regions.Learn more ⤵️https://t.co/kVKjBtoSGY https://t.co/iImPMdkT9y ...

hype-d to announce we're hosting a degen perps invitational on @BullpenFi soonfeaturing guys like @gainzy222 , @intern, @buyerofponzi, @ColdBloodShill, @HugoMartingale etc.$50k up for grabs to the winner 💸💸💸who else should we invite? https://t.co/AkdX2gYywM ...

Perp volume on BSC is growing 👀BSC is now the second largest chain for perps! https://t.co/Lyg5o5WVwB ...