Aster has overtaken Hyperliquid in trading volume over the past 24 hours as traders pile onto the platform following its announcement of a second token airdrop. The perpetual futures exchange registered $13.5 billion in trading volume, compared to Hyperliquid’s $9.6 billion, per DefiLlama data. On Monday, Aster told users that it had redesigned its airdrop points campaign to make it more rewarding. Those who trade on the platform can earn points, which will convert into Aster tokens when the campaign en ...

RT Ignas | DeFi (@DefiIgnas)As Native Markets wins the USDH ticker prepare for:- New Native Markets token airdrop farm- Vampire attack on USDC/USDTWhy? Because NM proposed:- 50% of yield goes to HYPE buybacks.- 50% goes to ecosystem growth.That second half is basically a new HL airdrop farm. Who decides the 'growth' rules? Drop the token.This farm could be the catalyst for USDH adoption. Migrate from USDC or USDT into USDH and you’ll likely earn points.It also pushes HyperEVM DeFi since USDH will count for ...

Native Markets Strategy - Native Markets launches USDH ticker, preparing for a new HL airdrop farm [1] - The airdrop farm aims to boost USDH adoption by incentivizing migration from USDC/USDT [1] - This strategy is viewed as a "vampire attack" on USDC and USDT, similar to Sushi's approach against Uniswap [1] Tokenomics and Ecosystem Growth - Native Markets proposes allocating 50% of yield to HYPE buybacks [2] - The remaining 50% of yield is designated for ecosystem growth [2] - USDH will count towards the airdrop, promoting HyperEVM DeFi [1]