The YZi Labs-backed decentralized exchange, Aster, has garnered significant attention from both large and small investors and is now experiencing strong momentum.
Aster, a derivatives decentralized exchange, is showing signs of a potential breakout amid a huge purchase from YouTuber MrBeast and surpassing all protocols in terms of 24-hour fees.
The native token of the DEX, ASTER, rose 9% over the past 24 hours to $1.96. Its market capitalization is currently hovering just over $3.2 billion.
The price hike comes as Aster, which is backed by Changpeng Zhao’s YZi Labs, recorded an $87 billion derivatives trading volume, according to data from CoinMarketCap. This accounts for a 90.6% market share as the second-largest volume, worth $6.4 billion, comes from its rival Hyperliquid.
Following the massive trading volume, Aster collected roughly $30 million in 24-hour fees, surpassing stablecoin leaders like Tether and Circle, which collected $22.2 million and $7.7 million in fees, respectively, according to DefiLlama.
Aster’s rival, Hyperliquid, accumulated only $3.17 million in fees over the same timeframe.
MrBeast Buys More ASTER
The YZi Labs-backed project didn’t just bring users from decentralized finance, but also caught the eye of Jimmy Donaldson, a famous YouTuber and entrepreneur known as MrBeast.
According to data from Lookonchain, MrBeast extended his ASTER holdings by 167,436 tokens on late Sept. 28.
MrBeast(@MrBeast) spent another 320,587 $USDT to buy 167,436 $ASTER 8 hours ago.
He has bought a total of 705,821 $ASTER($1.28M).https://t.co/WKOeWqWjCEhttps://t.co/eASJDAkQBM pic.twitter.com/jivmRz4SDD
— Lookonchain (@lookonchain) September 29, 2025
He bought the assets for over 320,000 USDT, and currently has a total of 705,821 ASTER, worth roughly $1.3 million.
Due to MrBeast’s popularity, this movement could trigger the fear of missing out among investors, consequently pushing the ASTER price.
At this point, ASTER is down by 20.3% from its Sept. 24 all-time high of $2.42.
It’s important to note that the DeFi protocol already has a total value locked of $2.27 billion, marking a new ATH.
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