Key takeout
- Aster, a decentralized exchange with permanent futures, exceeded $700 million in high lipid 24-hour trading volume.
- Currently, high lipids lead the permanent DEX market.
ASTER is a decentralized exchange protocol focusing on permanent futures trading, with over $700 million in 24-hour trading volume for HyperLiquid, a high-performance decentralized exchange specialized for perpetual contracts.
According to Defillama, Aster has grown by locking its total amount to over $390 million.
Permanent DEX volumes surged in 2025, platforms such as high lipids have achieved daily volumes above billions of dollars in recent months, driven by an increase in retail and institutional interest in crypto derivatives.