Perpetual trading volumes on decentralized exchanges (DEXs) have gone full “Wheeeee!” with an all-time high of $70 billion on Thursday, all thanks to Aster, a new derivatives platform on BNB Chain. 🚀💸
Perpetual DEXs have been on a three-day sugar rush, with volumes hitting $52 billion on Tuesday, $67 billion on Wednesday, and finally $70 billion on Thursday. It’s like a crypto carnival that never ends, and Aster’s the ringmaster. 🎪
This $70 billion surge is a reminder that DeFi’s wilder than a caffeinated squirrel. 🐿️💥 Aster, the star of the show, logged nearly $36 billion in 24-hour volume on Wednesday-more than half of Thursday’s total. Hyperliquid and Lighter? They’re just trying to keep up, like kids at a birthday party with no cake. 🎂
Incentive farming drives perpetual DEX trading activity
Aster’s sudden fame isn’t just luck-it’s a masterclass in “get rich quick” tactics. By offering airdrops that could make your wallet weep, they’ve turned traders into loyal subjects. 🧙♂️✨ But beware: as one user wisely noted, “Volume spikes are like a carnival ride-looks fun until the track disappears and you’re stuck with a $100 ticket.” 🎢
Another community member compared Aster’s rise to the 2018 fee-mining frenzy and 2021’s DeFi summer. “Cash out even a small amount unless you know what you’re doing,” they warned. “It’s very easy to lose money at this stage of the market.” Classic crypto wisdom. 🤷♂️
Since its launch, Aster has been a rocket ship, hitting $400 million in trading volume and doubling its total value locked (TVL). By Thursday, TVL soared past $2 billion. And open interest? It’s now $1.25 billion-because nothing says “we’re serious” like a metric that makes your head spin. 🌀
Read More
- Creation of Hollow Knight: Silksong’s Pharloom map reveals cut areas & major changes
- LINK PREDICTION. LINK cryptocurrency
- Shape of Dreams Best Builds Guide – Aurena, Shell, Bismuth & Nachia
- Kingdom Come Deliverance 2’s New Update 1.041 Delivers Hotfix 1.4.1 Addressing Quests, NPCs and More
- Can’t guess “When the Sun rises this appear” in Cookie Jam? Here’s the correct answer
- All Grow A Garden Cheats And Console Commands
- Gold Rate Forecast
- How to make Prismatic soup in Grow a Garden (GaG)
- Ray Tracing in Dying Light The Beast? Yes! And no… It’s complicated!
- Will we play Ananta on PS5, Xbox or Switch? Let’s look at console release of Project Mugen
2025-09-25 16:36