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Aster, the upstart perpetual DEX backed by Binance founder CZ and YZi Labs, offers significantly more upside potential than the established Hyperliquid in the ongoing DeFi derivatives showdown, thanks to its explosive growth trajectory and undervalued tokenomics as of late October 2025. While Hyperliquid ($HYPE) boasts a robust $12-16B market cap, $1.1-1.2M daily fees, and 40-70% market share in organic volume with proven resilience via buybacks and its HyperEVM layer, its price predictions cap out at $50-82 by year-end, implying modest 20-80% gains from current ~$40 levels amid competition eroding its dominance. In contrast, Aster ($ASTER) has surged to $46B in 24-hour perp volumes—surpassing Hyperliquid's $17-40B—while generating 17x higher daily fees ($20M vs. $1.17M) at a mere $3B market cap, trading at a 0.15x revenue multiple versus HYPE's 10.3x, fueled by multi-chain support (BNB, ETH, Solana), 1001x leverage, stock perps like Tesla/AAPL, and ongoing airdrops drawing 2M users. Analysts project
$ASTER reaching $2.74-$9.69 by end-2025 (up to 480% from ~$1.10), with fair value at $6-10 to match HYPE's valuation parity, positioning it for 5-10x returns if it captures 20-50% sustained share.