Size and Money Locked

Hyperliquid holds about $8.4 billion in total value locked, far exceeding Aster’s roughly $756 million. The TVL gap shows Hyperliquid’s much larger pool of assets under management.

Aster’s TVL is still substantial for a multi‑chain platform, but it is an order of magnitude smaller than Hyperliquid’s.

Activity and Fees

Hyperliquid sees about $159 million of trading volume in the last 24 hours, while Aster processes roughly $11 million. The volume difference mirrors the disparity in user activity.

Fees collected in the same period are about $2.7 million on Hyperliquid and $227 thousand on Aster, indicating far higher revenue generation on Hyperliquid.

Network Reach

Hyperliquid runs on two networks: its own Layer 1 and Arbitrum. Aster spans nine chains, including BSC, Ethereum, Arbitrum, Solana, Scroll, Manta, opBNB, zkSync Era and Base.

The broader chain coverage gives Aster a wider geographic and ecosystem footprint despite its smaller TVL.

Who Each Platform Suits

Hyperliquid’s massive TVL and high trading volume make it attractive for traders seeking deep liquidity and large‑scale perpetual futures.

Aster’s multi‑chain presence and user‑friendly modes cater to traders who value flexibility across networks and a simpler entry point, especially those interested in high leverage.