The path beyond high lipids is not very bright. In fact, experts say that decentralized trading platforms can face many hardships.
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Aster, a new Dex built on top of the BNB chain, attracted market attention this week after a dramatic price surge and heavy on-chain flow.
Traders and observers say that while token spikes shifted capital from established rivals, a passionate commentary from well-known traders has been added to the drama.
Aster surpasses rivals volume and revenue
According to on-chain trackers, Aster’s 24-hour permanent trading volume reached hundreds of billions, with numbers reporting around $2.3-30 billion.
Reports reveal that DEX withdraws approximately $10 million in revenue every day. Some outlets say they have about four times the day’s take.
Trader claims and public feud
James Wynn of Crypto Trader is a number known for his big leveraged bets and big losses earlier this year, publicly supporting Aster and predicting a long, slow decline in lipids.
Furthermore, CZ does not stop until $ aster It’s #1.
He loves competition, he loves buildings and is passionate about victory.
Hype exists, but in my opinion, I have a slow, painful death.
Aster already has more volume than HL. And Aster gets better…
– James Wynnreal (@jameswynnreal) September 24, 2025
Wynn’s comments, carried across social channels, are part of and part critique of Hyperliquid’s model of visible order, and some are proud of it. He argued that Aster’s hidden ordering and MEV mitigation features would make it a safer place for large players.
Based on the report, Wynn said, “There will be hype, but we will have slow, painful deaths.”
Whale accumulation and major departure
On-chain analysis shows the main wallets moving to Aster. Two large buyers reportedly acquired around 118 million Asters, valued at around $270 million, which is said to account for around 7% of the circulation supply.
In the same stretch, a wallet cluster retracted 68 million asters (approximately $156 million), and one address moved 50 million asters from the exchange.
These flows suggest both positive accumulation and rearrangement by large holders.
Aster product pitch and hyperliquid response
The report highlights the functionality of ASTER. MEV-free execution, hidden orders that keep limit sizes private, and trading interface for pitching for both retail and PRO users.
Related readings
That product story helps explain why some traders are spinning their capital. The high lipids do not stand still. Measures are being implemented, including USDH’s Stablecoin and other moves aimed at expanding liquidity and product range.
Market data shows that hype has declined from its recent peak (reported at nearly 25% from the high) as money spins into Aster, a decline has been reported at nearly 25%.
Featured Images on Sleepapnea.org, TradingView Chart