Perp DEX volume share, live 24h notional ranked
TradingAster
Trails$1.49B
- p99
- $1.90B
- rank
- #4
- samples
- 2,875
trade.xyz
Leads$2.48B
- p99
- $2.74B
- rank
- #2
- samples
- 2,875
Split decision: Aster leads on Most tradable markets on a perp DEX, live count per venue (586 vs 108) and Perp DEX asset breadth (124 vs 109); trade.xyz leads on Perp DEX volume share, live 24h notional ranked ($2.48B vs $1.49B) and Perp DEX volume to open interest (0.634x vs 1.216x). Data as of 2026-09-23 UTC.
Aster is a decentralized perps exchange (ex-ApolloX, backed by YZi Labs) on BNB Chain and other EVM networks, with a Binance-compatible API and 8 hour funding periods.
trade.xyz operates the largest HIP-3 builder-deployed dex on Hyperliquid: 70+ tokenized US equity, index, and commodity perp markets under the xyz namespace, collecting a deployer fee on every fill.
Aster
Trails$1.49B
trade.xyz
Leads$2.48B
Aster
Leads586
trade.xyz
Trails108
Aster
Leads124
trade.xyz
Trails109
Counts reflect each venue's live market catalog at query time, mainnet only. The asset class comes from the venue's own metadata where it publishes one; Hyperliquid HIP-3 dexes and dYdX publish none, so their symbols are matched against the crypto markets the other venues list and a fixed table of forex, commodity and index names. Tokenized gold (PAXG, XAUT) is a crypto token and is not counted. A market counts once whether it trades 24/7 or only during exchange hours.
Aster
Trails1.216x
trade.xyz
Leads0.634x
The ratio is a screen, not a verdict. Both terms are the venue's own figures (24h volume and open interest as each API reports them, in USD), so a venue that counts both legs of a fill moves its ratio without changing anything real. A very low ratio (Ostium, 0.2x) means positions held for days on thin daily volume; a very high one (Kalshi, above 40x) means a day of trading dwarfs what stays open. The bands in the methodology say what each range usually means.
Aster and trade.xyz are compared on 4 shared OpenChainBench benchmarks. Aster leads on Most tradable markets on a perp DEX, live count per venue. trade.xyz leads on Perp DEX volume share, live 24h notional ranked. See the live table on this page for every metric.
On the Most tradable markets on a perp DEX, live count per venue benchmark, Aster leads at 586 versus trade.xyz at 108. Live measurement is updated continuously by the OpenChainBench harness.
On the Perp DEX volume share, live 24h notional ranked benchmark, trade.xyz leads at $2.48B versus Aster at $1.49B. Live measurement is updated continuously by the OpenChainBench harness.
Every benchmark on this page uses the same open methodology, published at https://openchainbench.com/methodology. Data is CC-BY-4.0. Measurement harnesses are MIT-licensed.
Auto-generated pairs require: both providers in the same benchmark for seven consecutive days, at least 1000 samples per provider, observable third-party search demand, and a public /products/[slug] page on OCB. Editorially curated pairs (like this one) may publish early when search demand is high and data is accruing; panels with fewer than 100 samples are shown as provisional. The full pair ledger is versioned in the public repo.