Core Insights - Aster has surpassed Hyperliquid in trading volume, achieving $13.5 billion compared to Hyperliquid's $9.6 billion in the last 24 hours, following Aster's announcement of a second token airdrop [1] - Aster's trading platform allows users to earn points that will convert into Aster tokens by October 5, with the token's market value reaching $3.3 billion after a nearly 2,000% increase since its rebranding on September 17 [2] - Aster is backed by YZi Labs, led by Changpeng Zhao, the former CEO of Binance, who has leveraged his influence to promote Aster [3] Company Strategy - Aster's strategy includes incentivizing users with free tokens, a common tactic in the crypto exchange industry, similar to Hyperliquid's previous campaigns [4] - The concept of "vampire attacks" is highlighted, where new DeFi protocols attempt to attract users from established competitors by offering better rewards, as seen in Sushiswap's attempt against Uniswap in 2020 [5] - Aster plans to continue its promotional efforts with a third airdrop campaign after the current one concludes, indicating a focus on user retention and engagement [6]

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]