Hyperliquid’s Days Numbered? Expert Forecasts ‘Painful Death’

The road ahead for Hyperliquid does not look so ￰1￱ fact, the decentralized trading platform could face lots of tribulations, “painful” ones, according to an ￰2￱ Reading: Bitmine’s Ethereum Appetite Grows With Fresh $70 Million Buy Aster, a new DEX built on the BNB Chain, has grabbed market attention this week after a dramatic price surge and heavy on-chain ￰3￱ and observers say the token’s spike has shifted capital away from established rivals, while heated commentary from a high-profile trader has added to the ￰4￱ Surpasses Rivals In Volume And Revenue According to on-chain trackers, Aster’s 24-hour perpetual trading volume has climbed into the tens of billions, with figures reported around $23–$30 billion — more than double what Hyperliquid recorded over the same ￰5￱ have disclosed that the DEX is now pulling in roughly $10 million in daily revenue, a figure that some outlets say is about four times Hyperliquid’s daily ￰6￱ Claims And A Public Feud Crypto trader James Wynn — a figure known for large leveraged bets and big losses earlier this year — has publicly backed Aster and predicted a long, slow decline for Hyperliquid.

Furthermore, CZ will not stop until $ASTER is #1. He loves competition, he loves building and he is obsessed with ￰7￱ will exist, but it will have a slow and painful death in my ￰8￱ Aster already doing more volume than ￰9￱ with Aster being the better… ￰0￱ — James Wynn (@JamesWynnReal) September 24, 2025 Wynn’s comments, carried across social channels, have been part boast and part critique of Hyperliquid’s visible order ￰10￱ argued that Aster’s hidden-order and MEV-mitigation features make it a safer place for large ￰11￱ on reports, Wynn said “Hype will exist, but it will have a slow and painful death,” a line that has amplified the rivalry ￰12￱ Accumulation And Big Withdrawals On-chain analytics show major wallets moving into ￰13￱ large buyers are reported to have picked up about 118 million ASTER, valued at roughly $270 million, which is said to represent about 7% of circulating ￰14￱ the same stretch, a cluster of wallets withdrew 68 million ASTER (about $156 million), and one address moved 50 million ASTER from an ￰15￱ flows suggest both aggressive accumulation and repositioning by big holders.

Aster’s Product Pitch Versus Hyperliquid’s Response Reports emphasize Aster’s features: MEV-free execution, hidden orders that keep limit sizes private, and trading interfaces pitched at both retail and pro ￰16￱ Reading: From $2 Trillion To $400T? CEO Sees Bitcoin Exploding 200x – Here’s More That product story helps explain why some traders are rotating ￰17￱ has not stood still; it has rolled out measures such as a USDH stablecoin and other moves meant to shore up liquidity and product ￰18￱ data show HYPE has fallen from recent peaks — with declines reported near 25% from its highs — as money rotated into ￰19￱ image from SleepApnea. org, chart from TradingView