Hyperliquid vs Aster: which is better?

Both are perp DEXs, but they sit in very different weight classes right now. Here's the honest comparison based on live DefiLlama data (per day):

Trading volume isn't shown for either here — DefiLlama's derivatives volume data requires a paid plan, so fees/revenue are the closest free proxy for actual usage.

What this tells you: Hyperliquid is the dominant player in perp DEX land — its daily fee revenue (~$4.1M) is roughly 25x Aster's (~$161K), and it's the clear usage leader of the whole category. Aster is a much smaller, newer platform that differentiates on headline features like 1001x leverage in Simple Mode (practical risk with that kind of leverage is extreme — most users trade fractions of it) plus pro tools in Pro Mode.

So "better" depends on what you want:

• Liquidity, proven usage, deepest markets → Hyperliquid, by a wide margin.
• A slicker, simpler one-click interface and BSC-based trading → Aster, but understand you're on a thin-liquidity, early-stage venue.

This isn't advice to pick either — just the trade-offs. A couple of practical notes: that 1001x figure is a marketing ceiling, not a sane everyday setting, and as the smaller venue Aster carries thinner liquidity risk. If you want to actually trade on Aster, it's live here: AsterTrade Now. For Hyperliquid (not in our curated directory, so no card), the app is at app.hyperliquid.xyz.

Want me to pull a specific pair's current price/funding or dig into either platform further?

Also tracked: FomoDownload App, LighterTrade Now, GMTradeTrade Now, edgeXTrade Now, GMXTrade Now.