ASTER dominates decentralized perp trading with $42 billion in daily volume. Meanwhile, Wintermute moved $4.8 million in tokens to exchanges.
DefiLlama Shows $42B Daily Perp Volume as Wintermute’s $4.8M ASTER Transfers Spark Concerns
ASTER has emerged as the frontrunner in decentralized perpetuals trading. According to DefiLlama data, it has handled more than $42 billion in 24-hour perp volume, generating around $15 million in daily protocol fees.
These figures put it well ahead of rivals such as Hyperliquid, dYdX, and GMX. CZ has even publicly backed ASTER, coinciding with the token’s 1,500% price rise.
This confirms its current dominance in both trading activity and revenue generation across the DeFi landscape. This leading position provides a strong backdrop as the token continues to attract institutional and retail attention.
Meanwhile, one of the biggest crypto market makers Wintermute has sent the token to major exchanges. Arkham Intelligence data shows consistent outflows of these tokens from Wintermute wallets into Bybit and Gate.
Wintermute also moved over $1.3 million of ASTER to Bybit account in the past 24 hours. The transfers occurred in various batches. Each shipment moved between $135,000 and $142,000.
At the same time, larger sums were directed toward Gate. Two transactions in the past day totaled about $3.5 million worth of ASTER. The biggest single transfer was 1.19 million ASTER, valued at $2.24 million, showing clear momentum in how tokens were shifted between exchanges.
Another transfer of 619,000 ASTER, worth about $1.2 million, reinforced the trend of heavy flows toward Gate. The combined outflows to Bybit and Gate exceeded $4.8 million.
CZ Explains the Connection Between Binance and ASTER
Despite the large moves by Wintermute, the price of ASTER remains solid. According to TradingView, it trades at $1.95, approximately 3.7% lower today. But it is 120% higher in the last week. The chart depicts that the price soared more than $2 and then declined.
ASTER is also being discussed in social forums. At the same time, rumors of high-profile buys from the Trump family and MrBeast have added fuel to the token’s growing profile. During a recent ASTER X Spaces, Binance co-founder Changpeng CZ Zhao, answered questions regarding the speculation.
He confirmed that the project involves a couple of ex-Binance employees and that YZi Labs holds a minority stake. His remarks disproved the rumors of the association between ASTER and Binance. Moreover, it made the project more credible.
That’s the correct quote! It’s not that hard.🤣 https://t.co/SNFLOyVIS0
— CZ 🔶 BNB (@cz_binance) September 27, 2025
