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Aster Token Sets New High as Derivatives Bets and Whale Buying Jump

The week‑old perp DEX token on BNB Chain is challenging Hyperliquid on daily volume, according to trackers.

Overview

  • Aster touched an all‑time high near $2.42 and is up roughly 358% on the week and 2,345% over the month, Benzinga reports.
  • Open interest in ASTER derivatives rose 13% in 24 hours to about $1.20 billion, per Coinglass, after a rapid climb since launch.
  • Two large wallets accumulated 118.25 million ASTER worth roughly $270 million in the past week, with one wallet tied to Galaxy Digital, according to Lookonchain cited by Benzinga.
  • DefiLlama data cited in coverage shows Aster outpacing Hyperliquid on daily perpetual trading volume, with CoinCentral reporting Aster at $24.7 billion versus Hyperliquid’s $10 billion on Wednesday.
  • Decrypt places Aster’s market cap around $3.8 billion with an approximately $18 billion fully diluted valuation, following a launch that included an airdrop and teased rewards and buybacks.