Aster, Lighter close in on Hyperliquid's lead in perps DEX markets
The Aster DEX and Lighter have been gaining ground in the decentralized perpetual futures (perps) DEX market that Hyperliquid has long been the dominant player, often capturing over 50% of open interest and generating massive revenues through its Layer 1 blockchain. The Aster DEX has enjoyed a surge in trading volume thanks to various factors, [...]