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Post #2872

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Alpha updates. 🪓

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PostedOct 2710/27/2025, 06:29 AM
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Aster flipped Hyperliquid in perp volume, but is this enough to push $ASTER anywhere close to $HYPE’s price? If you look at the bigger picture, this is Aster’s first month crossing $200B in monthly volume, while Hyperliquid has been consistently hitting that mark for the past 12 months. Clearly with higher volume, Aster is now generating more fees than Hyperliquid. Yet, $HYPE’s FDV still trades at nearly 5x $ASTER’s. If Aster manages to sustain this volume trend and introduces a revenue buyback or fee redistribution model similar to Hyperliquid’s, market repricing toward parity becomes inevitable