HYPE and ASTER Tokens See Double-Digit Losses in 24 Hours

Two decentralized exchange-linked tokens, HYPE and ASTER, have posted sharp declines within a single day, raising concerns over market sentiment toward DEX projects.

HYPE

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Terms & Concepts
  • Decentralized Exchange (DEX): A cryptocurrency trading platform that operates without a central authority, enabling peer-to-peer transactions via blockchain smart contracts.
  • Token: A digital asset issued on a blockchain, representing value or utility within a specific ecosystem.