Overview

• Aster reported more than $12 billion in 24‑hour perpetuals trading on Sept. 23, edging Hyperliquid’s $9.8 billion for the day, according to platform disclosures reported by CryptoSlate.
• The ASTER token is consolidating around $1.6–$1.7 after a sharp early pullback, with several outlets noting a 16% daily gain and rangebound trade below the $1.94 peak.
• DefiLlama data cited in coverage shows 331,864 ETH locked on Aster as of Sept. 23, signaling rapid liquidity inflows for a week‑old DEX.
• On‑chain trackers highlighted aggressive whale activity, including multimillion‑dollar positions and realized profits, alongside spot volume around $2.1 billion reported in recent sessions.
• Reports point to heavy supply concentration and a token distribution that includes roughly 704 million airdropped or migrated tokens, with upcoming unlocks flagged as a potential source of volatility.