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HYPE
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Hyperliquid Feed
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aster - UI / UX and user experience needs work, it's clunky and slow, tokenomics are nowhere to be found (I would expect similar to HYPE, don't be short when they announce buybacks) BUT it has the #20 richest person on planet earth backing it, an exchange worth hundreds of billions, it has 90% of tokens outstanding to airdrop, you can cry about airdrop farming or whatever all you want, reality is in 2 weeks they will do one of the biggest airdrops in crypto history, and then what if they do another round? and another round? people have been trading on this for 1 week, it will only improve from here in UI / UX, at some point it is what it is, if Binance is backing this big time it's going to be a major player in this category, they are tired of hearing about SOL / HYPE and this is their move

moon
my take on perp dex situation
hyperliquid - still best by a longshot, best 1 stop shop, ui / ux, liquidity, UNIT is a monster (farm it, DO IT), top 3 L1 in crypto with legit teams and defi products (farm those too before its too late), builder codes are powerful, HIP-3 is going to 1.5x-2x revenue, Jeff is 1/1000 builder and a northstar for people, its one of the holy grail crypto products alot of people have waited a decade for
lighter - sneaky good, probably the darkhorse (maybe not as much after this week) similar ui / ux, 0% fees matter, especially to retail / medium traders, questions around profitability / tokenomics remain for that exact reason (it makes no money), but its extremely smooth and whaling a scalp into the order book hits different with 0.00% fees (robinhood)
aster - ui / ux and user experience needs work, its clunky and slow, tokenomics are nowhere to be found (I would expect similar to HYPE, dont be short when they announce buybacks) BUT it has the #20 richest person on planet earth backing it, an exchange worth hundreds of billions, it has 90% of tokens outstanding to airdrop, you can cry about airdrop farming or whatever all you want, reality is in 2 weeks they will do one of the biggest airdrops in crypto history, and then what if they do another round? and another round? people have been trading on this for 1 week, it will only improve from here in UI / UX, at some point it is what it is, if binance is backing this big time its going to be a major player in this category, they are tired of hearing about SOL / HYPE and this is their move
I think this ends up like a binance / bybit / coinbase situation were you have a few large winners, HL maxis think its all or nothing, they will be wrong, the other 100 perp dex sites are a fade as of now, this will be an extremely top heavy vertical as liquidity and users are sticky, thank you for aint reading all that
About Hyperliquid (HYPE)
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Latest news about Hyperliquid (HYPE)

BNB Chain to Slash Fees as Aster Spurs On-Chain Exchange Wars
BNB Chain is preparing to cut fees and speed up block times, with Aster overtaking rival HyperLiquid in both revenue and token momentum.
25 Sept 2025|CoinDesk

Hyperliquid's Newly Launched USDH Stablecoin Sees Over $2M Volume in Early Trading
USDH, backed by cash and U.S. Treasury securities, aims to reduce dependency on external stablecoins.
24 Sept 2025|CoinDesk

Aster Leads Hyperliquid in Revenue as DEX War Heats Up: Crypto Daybook Americas
Your day-ahead look for Sept. 24, 2025
24 Sept 2025|CoinDesk
Learn more about Hyperliquid (HYPE)

What is Hyperliquid: the perpetual DEX HYPE behind HyperEVM
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25 Jul 2025|OKX|
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25 Sept 2025|OKX
Hyperliquid, FDV, and the Bubble: Exploring the Future of Decentralized Trading
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Hyperliquid Futures: Unlocking the Future of Perpetual Trading in DeFi
Introduction to Hyperliquid Futures Hyperliquid futures have emerged as a cornerstone in the decentralized finance (DeFi) space, offering traders a seamless and efficient way to engage in perpetual fu
24 Sept 2025|OKX
Hyperliquid FAQ
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