Which Is BETTER: Hyperliquid or Aster? Honest Review

CYRPTO COMPARING

For the past year, Hyperlquid has dominated onchain derivatives trading. Nobody had come close to touching their market share or technology. Recently, one of the biggest names in crypto has been tweeting about Aster like it’s the second coming of DeFi with billions behind it and some truly unhinged features. Could Aster therefore threaten Hyperliquid’s reign? Today we find out.

First things first, none of this is financial advice. It’s just educational content intended to inform you about Hyperlquid and Aster. Also, you should know that this article is not sponsored in any way.

Origins and Money

Hyperlquid started as Chameleon Trading in 2020, a crypto market making firm run by Jeff Yan, a Harvard maths graduate who’d cut his teeth at Hudson River Trading, one of those highfrequency trading shops where they count latency in nanoseconds.

By 2022, Yan had pivoted from making markets to building them, launching Hyperlquid as a decentralized…