Trading King James Wynn: ASTER will end Hyperliquid, data shows the dominance of DEX has begun to shift.

In the fierce competition of the crypto assets market, a power shift between decentralized exchanges (DEX) is quietly occurring. With the ASTER token astonishingly pumping 2,200% over the past week, while competitor HYPE token simultaneously experienced a big dump of 25%, notorious crypto trader James Wynn made a bold prediction: Hyperliquid will "slowly and painfully head towards extinction." This statement has caused a stir in the market; do the underlying data and trends support this prediction? Let us delve into the latest developments in this DEX supremacy battle.

####Aster vs Hyperliquid: Data Reveals the Market Landscape is Being Reshaped

The decentralized exchange Aster, based on the CEX public chain, is rising at an astonishing speed, and its core business indicators have already begun to surpass those of the established competitor Hyperliquid. The latest data shows that Aster's 24-hour perpetual contract trading volume has reached an astonishing $24 billion, more than double that of Hyperliquid.

"This is not just a short-term fluctuation, but a fundamental shift in the market landscape," said crypto market analyst Sarah Chen. "When the trading volume of a new platform consistently exceeds that of an established platform by two times, it usually indicates a structural change in user preferences."

Even more impressively, Aster's daily revenue has reached 10 million USD, nearly four times that of Hyperliquid. This figure even exceeds the daily revenue of stablecoin giant Circle, making Aster one of the revenue leaders in the crypto assets ecosystem.

####James Wynn's Prediction: The Logic and Evidence Behind the Scenes

James Wynn is not an ordinary market commentator. Earlier this year, he gained notoriety after suffering a massive liquidation of his Bitcoin position on the Hyperliquid DEX, resulting in an astonishing loss of $100 million. This painful experience gave him a profound understanding of the advantages and disadvantages of DEX platforms.

"Wynn's predictions are not only based on personal preferences but also stem from his in-depth understanding of DEX technology architecture," explained crypto trading strategist Michael Wong. "He has personally experienced the risks that a transparent order book like Hyperliquid can bring, which makes him particularly value the hidden order feature of Aster."

Wynn emphasized in the latest comments that the public support of the CEX founder for Aster is a key factor. "The CEX founder is determined to push Aster to the peak of the market and will defeat competitors along the way," Wynn stated, "HYPE will exist, but in my view, Hyperliquid will slowly and painfully fade away."

####Aster's Technical Advantages: Innovative Solutions to Combat MEV Attacks

The rapid rise of Aster is not merely the result of market hype; its technological innovation is the core factor attracting traders. After Wynn suffered huge losses, the founder of the CEX called for the establishment of a "dark pool attacker DEX" to avoid MEV (Maximum Extractable Value) attacks. Aster is the realization of this concept.

"Aster's no MEV execution mechanism and hidden order feature directly address the core pain points of traditional DEXs like Hyperliquid," said blockchain security expert Robert Lee. "This allows large traders to execute large orders without exposing their trading intentions, greatly reducing the risk of front-running or liquidation."

The technical advantages of Aster are mainly reflected in three aspects:

No MEV execution mechanism: Prevents miners or validators from extracting value from transaction ordering.

Hidden Order Function: Allows traders to place limit orders without revealing the order size or status.

Dual trading interface: simultaneously meets the different needs of retail and professional users.

"It is precisely based on these technological advantages that Wynn publicly stated he is going long on ASTER Token and short on HYPE," explained trading strategy consultant Jennifer Zhang. "This is not just a trading strategy, but also a prediction of the future development trajectories of the two platforms."

####Whale Activity Surge: Institutional Funds are Entering the Market

(Source: Arkham)

With the rise in the price of AST, whale activity has also seen a significant increase, further supporting Wynn's prediction. On-chain data shows that two large whales have recently accumulated a total of 118.25 million AST, worth up to 270 million USD, accounting for 7.13% of the circulating supply of the token.

"Whale activity is often a leading indicator of institutional fund flows," said crypto asset allocation expert David Wang. "When we see such large-scale whale accumulation, it usually means that informed large capital is betting on the long-term prospects of the project."

It is worth noting that four days ago, 15 wallets withdrew 68.25 million Aster coins from the Aster platform, worth $156.3 million. In addition, the wallet 0xFB3B associated with Daniel Larimer and Galaxy Digital withdrew 50 million Aster coins from the crypto assets exchange Gate. These movements indicate that well-known investors and institutions are increasing their long-term holdings of Aster.

"When industry veterans like Daniel Larimer and institutional investors like Galaxy Digital significantly increase their holdings in a project, it is often a strong signal indicating that professional investors are optimistic about the long-term prospects of the project," explained crypto investment advisor Mark Johnson.

####Hyperliquid's response strategy: Is it too late?

(Source: DefiLlama)

In the face of Aster's rise, Hyperliquid is not sitting idle. The platform recently launched the USDH stablecoin, attempting to expand its ecosystem and enhance its competitiveness. However, the market's reaction to this move seems lukewarm, and the price of HYPE Token continues to fall.

"The problem with Hyperliquid lies in its core architecture design," said Lisa Chen, DEX Product Strategist. "Introducing stablecoins may add some new features, but it does not address the fundamental issue brought about by the platform's transparent order book. It's like adding new facilities to a leaking boat instead of fixing the leaks first."

Wynn's prediction seems to be supported by market performance. Over the past week, the ASTER Token has pumped an astonishing 2,200%, while the HYPE Token has fallen 25% during the same period. This stark contrast reflects the market's different expectations for the future development of the two platforms.

####Market Outlook: Reshaping the DEX Landscape

With the rise of Aster and the relative decline of Hyperliquid, the entire DEX market landscape is undergoing significant changes. This transformation is not only about the competition between the two platforms but also reflects the evolution of market demands for DEX technology architecture and functionalities.

"We are witnessing the arrival of the DEX 2.0 era," said blockchain innovation researcher Robert Chen. "The first generation of DEX focused on basic decentralized trading functions, while the new generation of platforms like Aster places more emphasis on trading experience, privacy protection, and execution efficiency, which represents a natural evolution of the industry."

For investors and traders, this DEX battle provides important insights:

Technological innovation is the core competitiveness: Aster's success proves that technological innovations that solve real pain points can quickly gain market share.

User experience determines victory or defeat: features like hidden orders directly enhance the trader's experience, which is more effective in retaining users than mere liquidity.

Industry influence is still important: The support of CEX founders has brought Aster tremendous exposure and trust.

The market may shift rapidly: the leadership in the DEX space could change in a short period of time.

"The competition in the DEX market is essentially a race of technology and user experience," summarized crypto market strategist Jennifer Lee. "Wynn's prediction may seem bold, but the data and trends indeed show that the market is leaning towards new generation platforms like Aster."

As the battle for DEX supremacy continues, the market will closely monitor the development trajectories of Aster and Hyperliquid. Regardless of whether Wynn's predictions ultimately come true, this competition will drive the entire DEX ecosystem towards a more efficient, safer, and user-friendly direction.