DEX comparison
HyperliquidvsAster
The liquidity leader versus the fastest-rising challenger: proven depth and tight spreads against multi-chain reach, a beginner mode and aggressive rewards.
At a glance
Higher 24h volume
Hyperliquid
$7.20B
Lower taker fee
Roughly even
0.035% vs 0.035%
Deeper liquidity (TVL)
Hyperliquid
$4.40B
Longer track record
Hyperliquid
since 2024
dexwatch score
Hyperliquid
92/100
Full comparison
Every figure is an approximate snapshot from public trackers. “Best” marks the stronger value in a row — higher volume or liquidity, lower fees, longer track record. Max leverage is shown as information, not a positive.
| Exchange | $HYPE ★★★★★★★★★★92/100Excellent | $ASTER ★★★★★★★★★★81/100Solid |
|---|---|---|
| Type | Perp DEX | Perp DEX |
| Chains | Hyperliquid L1 | BNB ChainEthereumArbitrumSolana |
| 24h volume | $7.20BBest | $4.30B |
| 7d volume | $40.70BBest | $24.00B |
| Total value lockedLiquidity depth | $4.40BBest | $1.00B |
| Token price | $43.80 | $1.64 |
| 24h change | 3.20% | 2.40% |
| Market cap | $14.60B | $1.30B |
| Maker feeNegative = rebate | −0.02%Best | 0.01% |
| Taker feeLower is cheaper | 0.035% | 0.035% |
| Max leverageHigher = riskier | 50× | 1001× |
| Trading pairs | 210Best | 120 |
| LaunchedLonger track record | 2024Best | 2025 |
| Security scoredexwatch estimate | 88/100Best | 79/100 |
| Audits | ZellicInternal | PeckShieldCertik |
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Hyperliquid vs Aster FAQ
Which has higher trading volume, Hyperliquid or Aster?
Hyperliquid — about $7.20B in the last 24 hours versus $4.30B on Aster. Figures are an approximate snapshot and move constantly.
Is Hyperliquid or Aster cheaper to trade?
Both list the same headline taker fee of 0.035%. Your real cost also depends on the network gas, maker rebates and price impact on the size you trade.
Which has deeper liquidity, Hyperliquid or Aster?
Hyperliquid holds more total value locked ($4.40B versus $1.00B), a rough proxy for how much size a market can absorb.
Which offers higher leverage, Hyperliquid or Aster?
Aster allows up to 1001×, versus 50× on Hyperliquid. Higher leverage multiplies losses as fast as gains — it is information, not an advantage.
What's the main difference between Hyperliquid and Aster?
Hyperliquid is a perp dex on Hyperliquid L1, while Aster is a perp dex on BNB Chain, Ethereum, Arbitrum. Match the venue to the chain and assets you actually use.
What are perpetuals & perp DEXes?Leverage risk & liquidationDEX trading fees: maker/taker & pool feeperpetualleveragefunding rate
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