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$ASTER Surpasses $6 Billion in Perpetual Trading Volume in 24 Hours

$ASTER’s 24-hour perpetual contract trading volume reached $42.88 billion, overtaking competitors like Lighter and Hyperliquid in the latest rankings, according to Cointelegraph.

HYPE

Fact Check
Multiple credible sources, including Messari and Mitrade, corroborate that ASTER's 24-hour perpetual trading volume significantly surpassed the $6 billion threshold. The evidence cites specific figures of $11 billion and $13.5 billion, strongly confirming the statement.
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Summary

$ASTER achieved $42.88 billion in 24-hour trading volume, topping the perpetual DEX rankings. Lighter followed with $5.75 billion, and Hyperliquid ranked third at $4.61 billion. This highlights $ASTER’s dominance in crypto derivatives trading and its strong market liquidity.

Terms & Concepts
  • Perpetual Contract: A type of futures contract in cryptocurrency trading with no expiration date, allowing continuous trading and funding rate adjustments.
  • Trading Volume: The total value of assets traded within a specific time period, used as a measure of market activity.