Aster, the decentralized perpetuals exchange with the support of the founder of Binance Changpeng Zhao, has generated more income than de Tether in the last 24 hours.
According to Defillama dataAster ranked like the highest income generation protocol in the last 24 hours, exceeding the attachment and the circle, the two main stablecoin transmitters.
During the last week, the scholarship recorded approximately $ 93.5 million in costs, which is only the second behind the $ 154.5 million in Tether. In comparison, the hyperliquid, long considered to be the exchange of dominant perpetuals, declared only $ 26.1 million during the same period.
The overvoltage of income aligns with the outbreak of commercial activities. Aster treated around $ 185 billion in perpetual negotiation volume during last week, more than double $ 80.5 billion in hyperliquid.
This strong increase reflects the speed with which traders move liquidity to the new participant, taken both by its performance and its positioning as a major decentralized exchange.
Given this, Zhao supported This aster must be considered competitive directly with the binance rather than the hyperliquid.
While this positioning throws Aster as a direct rival of the centralized exchange, Zhao added that his success could still benefit the BNB ecosystem.
Zhao’s declaration on Aster is not surprisingConsidering that he is a advise For the project and its family office, Yzi Labs, is an investor there. In addition, Aster is Base on the infrastructure of the BNB channel for its operations.
In addition, the founder of Binance has confirmed That some of the ex-workmen of the centralized exchange are part of the Aster team.
ASTER token redemption?
In addition to its commercial overvoltage, speculation on a potential token repurchase began to circulate through X and Discord.
Screenshots Shared by several influencers suggests that the team plans to buy chips from the free market, a decision that could more energize the bullish feeling.
The redemptions of tokens, already a growing trend in cryptographic space, reflect traditional programs to buy back business action. By buying the tokens, the protocols indicate confidence in their long -term value while creating a rarity which can stimulate the appreciation of the prices.
For ASTER, such a strategy would strengthen its recent rally, which has already seen its token are more than 2,000% in the last month.
