Skip to content
September 23, 2025NewsBTC logoNewsBTC

New Perpetual DEX Protocols Avantis & Aster Surge Amid Market Pullback with Bitcoin Hyper Ready to Launch

DeFi comes and goes, but the latest developments in the sector have surprised even experienced ￰1￱ perpetual DEX (decentralized exchange) sector has entered a cooling ￰2￱ value locked (TVL) declined from an all-time high of about $6.1B on September 13 to roughly $5.1 B by September 22. However, with gains of 600% and 2100%, respectively, two new entrants – Avantis ($AVNT) and Aster ($ASTER) – are quickly gaining traction, resisting the broader downturn with impressive increases in both token price and protocol adoption. Avantis: Rapid but Steady Growth Avantis’s native token ($AVNT) increased by 66% in just one week, rising from about $1.25 to $2.05.

Its TVL also grew by nearly 27%, going from $17.7M to $22.6M in the same period. Avantis, a product of Coinbase, emphasizes innovative derivatives products and user-friendly interfaces as key factors attracting new ￰3￱ some older protocols, Avantis has customized features specifically for retail traders seeking alternatives to centralized ￰4￱ steady yet rapid growth indicates a sustainable influx of capital rather than mere speculative ￰5￱ the token’s price rising 641% over the past month, investors are looking for further gains ahead. Aster: A Breakout Story Aster’s rally has been much more ￰6￱ token surged 2213% in a month, jumping from $0.20 to $1.90 within that ￰7￱ more remarkable was its TVL growth – a 228% increase from $370M to $1.21B between September 14 and ￰8￱ Aster’s case, a key endorsement from Changpeng Zhao boosted credibility and visibility across the crypto ￰9￱ also helped that traders appear to be rotating away from underperforming incumbents like Hyperliquid and Jupiter, both of which saw token prices dip 8–10%, in search of higher-growth opportunities.

Hyperliquid’s $HYPE token dropped about 9.3%, with TVL down 3.3%, while Jupiter saw an 8% token decline and TVL fell 5.6%. The picture is of Avantis and Aster benefiting at the expense of established projects, as capital is reallocated toward up-and-coming projects that appear to offer more ￰10￱ Bigger Picture: Sustainable Growth or Short-Lived Hype? While the emergence of Avantis and Aster highlights the dynamism of the DeFi derivatives landscape, questions remain about ￰11￱ TVL and token prices often correlate with speculative momentum, and history shows that hype can fade quickly once the initial excitement cools – as Hyperliquid discovered this past ￰12￱ Bitcoin Hyper introduce a note of stability by opening the door for Bitcoin’s integration into the DeFi world?

Bitcoin Hyper ($HYPER) – Unlocking Bitcoin-Native DeFi Applications With Bitcoin Hyper ($HYPER), there is a chance for Bitcoin to reinvent ￰13￱ longer simply a store of value, on the Hyper Layer 2, wrapped Bitcoin can be swapped at Solana-fast ￰14￱ become feasible, with low fees and high ￰15￱ because final settlement remains on the Bitcoin Layer 1, there’s no sacrifice of speed and stability. $HYPER token holders get access to dApps built on the Hyper Layer 2, pre-sales, and all early-stage ￰16￱ presale roared past $17M as investors realized just how much potential Bitcoin Hyper ￰17￱ success of $AVNT and $ASTER helps reinforce the potential $HYPER holds; learn how to buy $HYPER with our ￰18￱ the presale page to learn ￰19￱ gains highlight a bigger trend: new protocols attract traders by promising innovation, improved user experiences, and higher potential returns, even as the overall perpetual DEX market ￰20￱ Avantis and Aster can sustain their momentum remains uncertain, but $HYPER might be here for the long ￰21￱ by Aaron Walker, NewsBTC — ￰0￱

NewsBTC logo
NewsBTC

Latest news and analysis from NewsBTC

Best Cryptocurrency to Buy for Q1 2026? Experts Highlight New Altcoin as Top Growth Pick

Best Cryptocurrency to Buy for Q1 2026? Experts Highlight New Altcoin as Top Growth Pick

With the next market cycle fast approaching, analysts and investors are turning their attention to early-stage projects with strong fundamentals and utility. Many believe that 2026 could be a breakout...

Cryptopolitan logoCryptopolitan
1 min
Exploring the Potential of Ozak AI in the 2025 Crypto Bull Market

Exploring the Potential of Ozak AI in the 2025 Crypto Bull Market

As Bitcoin and Ethereum continue their upward trajectories, a fresh wave of enthusiasm has swept through the cryptocurrency landscape. The 2025 bull market is not just about these well-known players; ...

Bitzo logoBitzo
1 min
Major Update Plan Announced for the Most Talked-About Altcoin of Recent Days

Major Update Plan Announced for the Most Talked-About Altcoin of Recent Days

Electric Coin Company (ECC), the developer of Zcash (ZEC), has released its new roadmap for the fourth quarter of 2025. The company focuses on improving privacy, security, and user experience within t...

BitcoinSistemi logoBitcoinSistemi
1 min