Decentralized exchange Aster has taken the lead in the perpetual futures market, surpassing Hyperliquid. According to DeFiLlama, Aster’s daily trading volume in perpetual futures contracts reached $25.77 billion, compared to Hyperliquid’s $10.09 billion. Aster also ranks second in daily fees collected, generating $10.17 million in commissions, while Hyperliquid ranks sixth.