Perp DEX Interest Rising Following ASTER's Success
Date: 2025-09-23 Author: Henry Casey Categories: CRYPTO PAYMENTS
The sharp rise in the price of the ASTER token, owned by the Aster DEX platform, has sparked active discussion about decentralized trading platforms. According to Dexu AI, an analytics system that tracks sentiment on the X social network, interest in Perp DEX has increased nearly tenfold over the past month, making it one of the fastest-growing segments in the cryptocurrency market.
Over the past week, user attention has focused on five projects: Aster, Lighter, Avantis, Extended, and Paradex. Of these, only Aster and Avantis (AVNT) have native tokens, and they have seen significant price growth. AVNT, for example, has risen by approximately 70%, reaching $2.20. This asset became known after its initial listing on Binance, conducted through an airdrop for BNB holders.
The Aster token, launched just last week, has surged more than 500%, entering the top 100 crypto assets. Its peak price reached around $2, but soon afterward, it corrected by approximately 20%. Experts attribute the rise in popularity of Aster DEX to the active promotion of the project by Binance founder Changpeng Zhao. Many see this strategy as a direct response to the rapid expansion of Hyperliquid, which had previously established itself in the decentralized futures niche.
Zhao began promoting Aster DEX in the summer, emphasizing the ability to conduct large trades through so-called "dark pools," which allow investors to conduct transactions with minimal public disclosure.
DEX and CEX: Shifting Balance
Decentralized exchanges are gradually strengthening their position in the perpetual futures segment. At the end of August, DEX's share of the total volume of such trades reached a record 8.34%, and as of September 22, this figure was 8.16%. Despite a slight decline, this level is almost double the level seen at the end of 2024.
This surge in interest coincided with the success of Hyperliquid, which is steadily increasing its share of crypto derivatives trading. In response, major centralized exchanges, including Binance and Bybit, began developing their own equivalents of decentralized futures platforms, seeking to retain users and expand the range of solutions they offer.
Thus, the surge in interest in ASTER was not only a local event but also a catalyst for the entire Perp DEX segment, which is currently experiencing one of the fastest growth rates in the crypto market.
