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  1. Home
  2. Projects
  3. Aster
  4. Vs
  5. Hyena

Aster vs HYENA

Compare Aster and HYENA on TVL, fees, revenue and activity to understand how these projects stack up.

$481.8M
Aster is a decentralized perpetuals exchange offering MEV-free, one-click trading with leverage up to 1001× in Simple Mode, plus advanced, pro-grade tools in Pro Mode. Backed by YZi Labs, Aster combines speed, flexibility, and a community-driven approach to shape the next era of DeFi.
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HyENA is a capital-efficient perpetual DEX built on Hyperliquid, using the HIP-3 Builder-Deployed Perpetuals framework to launch and manage markets independently. HIP-3 enables faster listings, custom market configurations, and consistent performance while inheriting Hyperliquid’s security and transparency. Positions are margined in USDe, allowing traders to earn rewards as they open and maintain exposure, with HyENA developed by the Based team—the highest-revenue app in the Hyperliquid ecosystem.
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Key Metrics Comparison

Aster
TVL
$481.8M
24h Volume
$7.99M
24h Fees
$75.4K
24h Revenue
N/A
30d Fees
$4.62M
30d Revenue
N/A
7d TVL Change
+3.05%
Dominance
0.20%
HYENA
TVL
N/A
24h Volume
$427.4K
24h Fees
$167
24h Revenue
$15
30d Fees
$36.3K
30d Revenue
$3.3K
7d TVL Change
N/A
Dominance
0.00%

Category Performance

Visual comparison across key categories. Ring fill represents relative strength or share between the two assets.

TVL Share

Share of combined TVL

TVL Share
Aster
1.0%
HYENA
1.0%

Volume Share

Share of combined 24h volume

Volume Share
Aster
94.9%
HYENA
5.1%

Fees Share

Share of combined 24h fees

Fees Share
Aster
99.8%
HYENA
1.0%

Revenue Share

Share of combined 24h revenue

Revenue Share
Aster
1.0%
HYENA
1.0%

7d TVL Performance

TVL change over last 7 days

7d TVL Performance
Aster
3.05%
HYENA
N/A

Dominance

Market dominance by TVL

Dominance
Aster
0.2%
HYENA
0.0%