What is Aster? Challenging Hyperliquid’s BNB Chain-Based Decentralized Exchange 【Plain Language Guide】 Aster is a rising decentralized exchange (DEX) built on the BNB Chain that has captured attention with its ultra-high leverage of up to 1001x for perpetual futures trading, directly challenging the leading platform Hyperliquid. In its first week of token listing, Aster achieved a market capitalization of $3.2 billion, placing it as the 50th largest cryptocurrency by market cap. The platform supports multi-chain operations, emphasizes transaction privacy, and plans to launch its own Layer-1 network. Compared to Hyperliquid’s transparent trading approach, Aster’s hidden order feature is more suitable for large-scale transactions. Following the conclusion of its token airdrop claim period on October 17, 53.5% of its tokens are set to return to the community rewards pool, sparking anticipation for a new round of airdrops. The future development of Aster is receiving significant attention, but whether it can consistently challenge Hyperliquid remains to be seen. For more details, visit: https://t.co/jtDQzvBZhS