Aster Rises to Second Place in Global Fee Rankings, Challenging Tether’s Dominance
Aster has surged to become the second-highest fee-generating protocol globally, trailing only Tether. On-chain data reveals $14.33 million in 24-hour fees, outpacing rivals like Circle and Uniswap. The protocol's weekly ($69.6M) and monthly ($75M) figures solidify its position—tenfold higher than Hyperliquid's earnings.
In decentralized exchange volume, Aster recorded $206.92 million daily and $3.32 billion weekly, though it remains behind Hyperliquid's $639.83 million daily volume. Its 1,001x leverage perpetual futures have attracted traders, driving $62.49 billion in 24-hour trading volume and a 184.81% weekly surge.
The DEX briefly eclipsed Hyperliquid in daily revenue during its launch week but still lags in total volume. With $908.25 billion in 30-day perpetual trading, Aster is emerging as a formidable player in decentralized derivatives.