CoinRebate
Back to Guides
Binance

Hyperliquid vs Aster: Who is better at on-chain perpetual contract DEX? An in-depth comparison of Laoliek will teach you how to choose the right platform for harvesting wool.

Which one is more worth playing, Hyperliquid or Aster? This article makes an in-depth comparison from the perspectives of technology, experience, and cost to help you choose the right on-chain perpetual contract platform. You can also use exclusive recommendation codes to save handling fees and earn rebates.

Hyperliquid vs Aster: Who is better at on-chain perpetual contract DEX? An in-depth comparison of Laoliek will teach you how to choose the right platform for harvesting wool.

#Hyperliquid vs Aster: Who is better at on-chain perpetual contract DEX? Old leek will take you to grill it.

Hey, I am an old leek from CoinRebate. I have been in the currency mixing industry for so many years and I have never seen any trouble. Recently, the water of on-chain perpetual contract DEX has become increasingly muddy, especially the two projects Hyperliquid and Aster, which are compared with each other every day by the community. Today we will put aside those bluffing terms and talk in plain language about which of the two is more hard-core and how we ordinary traders should choose to make money.

1. Hyperliquid: Chained to Binance, the experience is as smooth as flying.

To put it bluntly, Hyperliquid is a high-performance blockchain (L1) specially built for financial transactions. The ambition is not small. It wants to be the infrastructure for all financial activities. The community calls it "Binance on the chain". This title is not given for nothing.

1. Technical architecture: fast and transparent, dedicated to solving various complaints

The people on the Hyperliquid team couldn't stand the black-box operations and poor liquidity of centralized exchanges (CEX), so they simply rolled up their sleeves and built a chain. The core is HyperCore, an order book matching engine that is completely on-chain. Every step of your order, transaction, and liquidation is clearly shown on the chain. Want to operate in secret? There are no doors.

What's even more ruthless is that its speed can compete with top CEX, and transaction confirmation is almost "second-level". This all relies on the self-developed consensus mechanism. Without relying on others, you can ensure high speed and safety by yourself, and you are playing with hard power.

2. User experience: as smooth as CEX, zero threshold to get started

Anyone who has used Hyperliquid knows that its interface and operation are exactly the same as those of major exchanges such as Binance and OKX. K-line charts, limit orders, take-profit and stop-loss, all the professional tools you should have. The top one is the "click" sound when opening or closing a position, which is so exciting that you can't stop trading once you do it.

You need to use a Web3 wallet (such as Xiaofox) to connect, and then transfer assets from the Arbitrum chain (currently mainly supporting USDC), and you can start working. The whole process is so smooth that even a novice can get started in seconds.

3. Liquidity and fees: enough depth, low fees, and discounts

As the current leader, Hyperliquid's liquidity is highly leveraged, with daily trading volume reaching billions of dollars. This means that when you trade mainstream currencies, the slippage is so small that it can be ignored, and you can easily buy the bottom and escape the top.

Its basic handling fees are 0.015% for Makers and 0.045% for Takers, which is inherently cheaper than many CEXs. What’s even more exciting is that by holding and staking its platform currency HYPE, you can also get up to 40% discount on handling fees. This logic is exactly the same as Binance’s BNB discount. Saving money is the way to go.

Want to experience the silky smooth transactions and fee discounts of "Binance on Chain"? Stop looking for links blindly, use this one: Registration link: https://app.hyperliquid.xyz/join/LULALA Recommendation code: LULALA After using it, you can enjoy the community benefits of Points Boost without losing money.

2. Aster: A direct descendant of Binance, coming menacingly, the myth of making wealth through airdrops

Aster’s background is not simple. Many people think it is Binance’s “son” or “prince” in the DEX field. He was born with a golden key in his mouth, and the wealth-creating effect of airdrops immediately attracted a lot of attention, and the popularity continued to rise.

1. Product design: taking into account both novices and experts, the trick is to play

Aster is very clever and has developed two trading modes:

  • Simple Mode: Provides one-click trading with up to 1001 times leverage, as mindless operation as using AMM, novices can get started without any pressure.
  • Pro Mode (Professional Mode): It is the traditional order book interface, suitable for experienced traders and professional traders like us.

Another selling point is "Hidden Order". Large pending orders can be hidden so that others cannot see them, thus protecting the trading strategy. Some people love this feature very much, while others think it goes against the public spirit of the blockchain. It’s a matter of opinion.

2. Multi-chain entrance and fees: cross-chain convenience, lower fees

Aster is more flexible in cross-chain assets and supports deposits directly from chains such as BNB Chain, Ethereum, Arbitrum, and Solana, which is much more convenient than Hyperliquid currently mainly relying on Arbitrum.

Its basic rate is a little lower than Hyperliquid (0.01% for placing orders and 0.035% for taking orders), and it can provide more discounts through the VIP level system. If you want to save money, you have to pay attention.

**Interested in DEX with Binance background? Want to try the excitement of 1001 times leverage with one click? You are sure to use our link: ** Registration link: https://www.asterdex.com/zh-CN/referral/91B1d1 Recommendation code: 91B1d1 You can get 10% transaction rebate after using it. Mosquito legs are also meat.

3. Core comparison: Who is the future? Lao Jiucai will give you the key points.

| Comparison Dimensions | Hyperliquid | Aster | | :--- | :--- | :--- | | Positioning | Independent "Binance on the chain", high-performance trading L1 | Derivative DEX of Binance ecosystem, developing towards self-developed L1 | | Core Advantages | Extreme performance, high transparency, community-driven, ecological co-construction (HIP proposal) | Strong background, easy-to-use products (Simple mode), multi-chain entrance, potential liquidity transfusion | | Trading Mode | Professional Order Book (CLOB) | Dual Mode: Professional Order Book + One-click AMM | | Featured Functions | On-chain vaults (Vaults), USDH stablecoin | Hidden orders, stock/index contracts, income mortgage | | Handling fee | 0.015% for placing orders, 0.045% for taking orders, Staking HYPE to enjoy up to 40% discount | 0.01% for placing orders, 0.035% for taking orders, VIP level discount | | Asset cross-chain | Mainly through Arbitrum (USDC) | Support multi-chain (BNB Chain, ETH, Arb, Solana, etc.) | | Token Model | HYPE, has a strong repurchase and destruction mechanism, but the amount of unlocking in the future must be monitored | ASTER, a large number of airdrops are given to the community, the team accounts for a low proportion, and long-term dilution is more transparent |

A brief summary:

  • Hyperliquid is like an independent master who has mastered magical skills. He has strong technology and good experience. He has become the first in the market by relying on product and community reputation. Its Builder Codes model is awesome, allowing developers to easily build front-ends based on its infrastructure, and the ecological network is getting bigger and bigger.
  • Aster is like a talented young man from a famous family, with good resources, a high starting point, and more care for novices in product design. Backed by the big tree of Binance, there is huge room for imagination in terms of liquidity and functional integration in the future.

At present, Hyperliquid is one position ahead in terms of real trading volume, market depth and ecological maturity. But Aster has Binance as its backer, and its ability to fight a protracted battle cannot be underestimated. This competition will ultimately focus on the collaborative capabilities of the entire ecosystem, so let’s just sit back and wait for the good show.

4. Advice for ordinary traders: How to choose to make money and be safe?

  1. Pursuing the ultimate experience and transparency: If you are a professional trader who values ​​execution speed and transparency of every transaction on the chain, Hyperliquid is the best choice at the moment, and it is easy to insert pins to stop losses.
  2. Newbies want to try on-chain contracts: If you have just come from CEX and want to try the waters, Aster’s Simple mode will make it easier for you to get started and reduce learning costs. Don’t get lost as soon as you get started.
  3. Don’t put your eggs in one basket: You can sign up for both to experience it. Which platform to use depends on what you trade, whether you are sensitive to rates, and which aspect of experience you value more. It is always a good idea to try more.
  4. Always remember safety first: Both Hyperliquid and Aster are relatively cutting-edge on-chain protocols. Be sure to only access from official or trusted links provided by us, keep the private key, never use links from unknown sources, beware of phishing websites, asset security is more important than anything else.

How to get started safely? Old Leek teaches you step by step

No matter which one you choose, it is very important to obtain the correct registration link through reliable channels. This can avoid the loss of assets caused by accidentally entering the copycat website, which is a lesson learned through blood and tears.

Finally, let me say one more thing: The world of DEX is very exciting, giving us the right to get rid of centralized custody and control our own assets. But excitement also means volatility and risk. When trying these cutting-edge platforms, first use a small amount of money to familiarize yourself with the process and understand the operations of gas fees and cross-chain bridges. Don't be all in as soon as you get started. The battle for on-chain liquidity has just begun, and the fun is yet to come. Let’s watch as we go and gather the wool together!

Share:𝕏✈️R

Comments (0)