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Hyperliquid vs Aster: Full Comparison 2026

Detailed comparison of Hyperliquid and Aster perpetual DEXs including trading fees, 24h volume, open interest, supported chains, and airdrop opportunities. Find out which perp exchange is better for your trading needs.

Live data from DefiLlama

Quick Verdict

Hyperliquid comes out ahead in this comparison with 2 advantages vs 1 for Aster. It has higher trading volume, more open interest,. Trading $100K monthly on Aster saves ~$5 in fees.

Higher Volume

Hyperliquid

Lower Fees

Aster

More OI

Hyperliquid

Active Airdrop

Neither

Hyperliquid logo

Hyperliquid

Hyperliquid L1

Trade on Hyperliquid
Aster logo

Aster

Multi-chain

Trade on Aster

Side-by-Side Comparison

Real-time metrics from DefiLlama. Green indicates the better value.

MetricHyperliquidAster
24h Volume$7.49B $5.68B
Open Interest$9.02B $2.73B
Maker Fee0.015% 0.005%
Taker Fee0.045% 0.04%
BlockchainHyperliquid L1Multi-chain
Airdrop StatusPointsLiveClaiming
Order TypeCLOBCLOB
Hyperliquid

Hyperliquid Pros & Cons

Higher trading volume and liquidity
More open interest indicates trader confidence
−Higher taker fees (0.045% vs 0.04%)
Aster

Aster Pros & Cons

Lower taker fees (0.04% vs 0.045%)
−Lower trading volume than competitor
−Lower open interest

Trading Cost Comparison

Estimated taker fees for different trade sizes (excluding slippage and funding)

Trade SizeHyperliquidAsterSavings
$1,000$0.45$0.40$0.05 on Aster
$10,000$4.50$4.00$0.50 on Aster
$50,000$22.50$20.00$2.50 on Aster
$100,000$45.00$40.00$5.00 on Aster

Hyperliquid vs Aster: Detailed Analysis

Volume & Liquidity

Hyperliquid leads in 24-hour trading volume with $7.49B, compared to $5.68B for Aster. Higher volume typically means better liquidity, tighter bid-ask spreads, and less slippage on trades. For active traders executing multiple trades daily, this difference can significantly impact overall costs.

Fee Structure

Hyperliquid charges 0.015% maker / 0.045% taker fees, while Aster charges 0.005% maker / 0.04% taker fees. For a trader with $100,000 monthly volume, using Aster would save approximately $5 per month in trading fees alone.

Open Interest

Hyperliquid has $9.02B in open interest, versus $2.73B for Aster. Open interest represents the total value of outstanding derivative contracts that haven't been settled. Higher OI generally indicates more active trading and can provide insights into market sentiment.

Airdrop Opportunities

Neither platform currently has an active airdrop. Hyperliquid: PointsLive. Aster: Claiming. Check our airdrops page for the latest updates.

Hyperliquid vs Aster FAQ

Conclusion: Which Should You Choose?

Based on the data, Hyperliquid appears to be the stronger choice overall with advantages in trading volume, open interest. However, the best choice depends on your specific needs:

  • • For lowest fees: Choose Aster
  • • For best liquidity: Choose Hyperliquid
  • • For airdrop farming: Neither has an active airdrop
  • • For large orders: Choose Hyperliquid for deeper liquidity

Related Perp Comparisons

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Learn more about Hyperliquid or Aster

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© 2026 PerpScope. Data for informational purposes only. Not financial advice.