CZ: I didn't advocate! Aster's market share soared to 20%, competing with Hyperliquid for the top spot in Perp DEX.

Aster DEX’s market share soared to 20% in three weeks, forcing Hyperliquid to cede its dominance, and CZ, although it did not “shout orders”, ignited the market discussion of new platforms and “dark pool” mechanisms. (Synopsis: Giant whales become small shrimp? James Wynn opened another bitcoin long order but worth less than $20,000, supporting CZ dark pool DEX: can burst Hyperliquid) (background supplement: Please call CZ big cousin in the future!) Thanks to the community for “this nickname is honored” secretly angry at the New York Times) The decentralized perpetual contract market is currently a hot track, with rookie Aster soaring to 20% in the DEX market for three weeks, and Big Brother Hyperliquid directly sliding from 95% to 70%. Just a few tweets today set the battlefield on fire and made CZ himself show up and respond. CZ Big Cousin Responds to Aster’s Brilliant Performance Since its launch on May 15, Aster’s daily trading volume has exceeded $400 million, the platform TVL station has reached $300 million, and the number of users has approached 520,000. Researchers estimate that during the same period, Aster’s Perp trading volume has reached 19%, approaching 71% of Hyperliquid’s, indicating that funds and users are moving rapidly. Many observers attributed Aster’s outburst to the heat spurred by repeated replies from former Binance CEO CZ. Pointing out to the community that he is shouting for Aster? The eldest cousin said on platform X: I didn’t shout orders. Yzi Labs has invested in hundreds of projects, such as Vana, OneKey, Sign, Aster, etc. Shout out. Labs cast 上百个项目我都会讨论,Vana,OneKey,Sign,Aster,etc — CZ BNB (@cz_binance) June 14, 2025 Even though CZ emphasized that it was only exposed to the portfolio, Aster still absorbed a lot of liquidity in a short period of time due to the aura of the Binance ecosystem. Hyperliquid faces double pressure The veteran Perp DEX Hyperliquid still holds about 70% of the market, but the community reported that its referral reward model and fee structure have been criticized by some users for being overly concentrated, and the expectation of airdrops has been digested by the market. Aster features 1001x leverage and cross-chain support, giving traders who hunt high leverage and airdrops a new playground. CZ’s recently launched dark pool Perp DEX concept attempts to bring the hidden matching of traditional finance into the on-chain world and reduce MEV rush and large order slippage. Market participants believe that if the dark pool mechanism is implemented, it may reshape the liquidity allocation rules and allow Aster and Hyperliquid to compete in a new game. Extended reading: Binance CZ calls for the development of “dark pool” DEX: even 1 billion magnesium whales will be sniped Aster is currently planning to build its own Layer 1, Hyperliquid is adjusting its rates and incentives, and both sides are preparing for the next round of technology upgrades. Related stories $HYPE rushed to a record high of $42! Maji’s big brother made $6.5 million, and the giant whale bought Hyperliquid in a large amount to become a small shrimp? James Wynn opened another bitcoin long order but worth less than $20,000, supporting CZ push dark pool DEX: can burst Hyperliquid “CZ: I didn’t shout! Aster market share soared to 20%, and Hyperliquid grabbed the top spot of Perp DEX” This article was first published in BlockTempo’s “Dynamic Trend - The Most Influential Blockchain News Media”.