PANews reported on September 24th that, according to Cointelegraph, Aster, a decentralized perpetual contract exchange on the Binance Coin (BNB) chain, saw its open interest surge by nearly 33,500% in less than a week. On Wednesday, CoinGlass data showed that its open interest soared from $3.72 million the previous Friday to $1.25 billion, with traders flocking to challenge its competitor Hyperliquid.

Aster's total value locked (TVL) also increased to $1.85 billion, a 196% increase from Friday. DefiLlama data shows that Aster led the perpetual swap market in daily trading volume on Wednesday, reaching nearly $24.7 billion in 24 hours, surpassing Hyperliquid (approximately $10 billion), followed by edgeX ($8.25 billion) and Lighter ($6.18 billion). Hyperliquid maintained its top spot in 7-day and 30-day perpetual swap trading volume. Over the past week, Hyperliquid's trading volume reached $66 billion, and over the past 30 days, it has reached nearly $300 billion.