$ASTER vs. $HYPE
**TVL**
- Hyperliquid $4.9b +19% YTD
- Aster $853m -28% YTD
**Open Interest**
- Hyperliquid $7.5b -7% YTD
- Aster $1.7b -34% YTD
**Fees over 30 Days**
- Hyperliquid +18.65%
- Aster -39.62%
**Value to Token Holders**
- $HYPE $186M for Q1
- $ASTER ~ $12M for Q1
**P/F Ratio**
- Hyperliquid 11.1
- Aster 19.7
Aster's P/F has 2x even as the fundamentals have deteriorated YTD
HIP-3 has proven Hyperliquid's versatility and resilience throughout tough market conditions.
There really is no second best.
Data: @DefiLlama
