Defi goes and goes, but the latest developments in the sector have also surprised expert players.
The perpetual dex sector (decentralized exchange) entered a cooling phase. The total blocked value (TVL) decreased by a historical maximum of about $ 6.1 billion on September 13 to about $ 5.1 b by 22 September.
However, with earnings of 600% and 2100%, respectively, two new competitors – Avantis ($ avnt) and aster ($ aster) – are rapidly gaining traction, resisting the wider recession with impressive increases both in the token price and in the adoption of the protocol.
Avantis: quick but constant growth
The native token of Avantis ($ avnt) increased by 66% in one week, going from around $ 1.25 to $ 2.05. His TVL also grew by almost 27%, going from $ 17.7 million to $ 22.6 million in the same period.
Avantis, a coinbase product, emphasizes the innovative products of derivatives and intuitive interfaces as key factors that attract a new liquidity. Unlike some older protocols, Avantis has personalized functionality specifically for retail traders looking for alternatives to centralized platforms.
The constant but rapid growth indicates a sustainable influx of capital rather than a simple speculative fever. With the price of the token increase of 641% in the last month, investors are looking for further earnings in advance.
ASTER: A Breakout Story
The Aster event was much more explosive. Its token increased by 2213% in a month, jumping from $ 0.20 to $ 1.90 within that period.
Even more remarkable was its TVL growth: an increase of 228% from $ 370 million to $ 1.21 billion between 14 and 22 September.
In the case of Aster, a key approval of Changpeng Zhao has increased credibility and visibility throughout the cryptocurrency community.
Hyperliquid’s $ Hype token Hype dropped by about 9.3%, with Tvl down 3.3%, while Jupiter saw a 8%token drop and TVL decreased by 5.6%. The image is of Avantis and Aster who benefit from the expenses of consolidated projects, since the capital is reallocated towards emerging projects that seem to offer more rise.
The largest picture: sustainable growth or short -lived hype?
While the emergence of Avantis and Aster highlights the dynamism of the DEFI derivatives landscape, questions about sustainability remain.
Tvl and Token prices are often related to the speculative moment and the story shows that the hype can quickly vanish once the initial excitement cools down – as Hyperliquid has discovered last week.
Can bitcoin introduce a stability note by opening the door for the integration of Bitcoin in the Defi world?
Bitcoin Hyper ($ hyper) -Sblocchimento delle Appi native Bitcoin applications
With Bitcoin Hyper ($ hyper), there is the possibility that Bitcoin will go. It is no longer simply a valuable shop, on the hyper layer 2, the wound Bitcoin can be exchanged at Solana speed. The microtransations become feasible, with low commissions and high throughput.
And since the final settlement remains on the Bitcoin 1 level, there is no sacrifice of speed and stability.
The $ hyper token supports obtain access to DAPPS built on Hyper Layer 2, pre-sales and all the functionality of the initial phase.
The presale rooted $ 17 million while investors realized how much potential Hyper Bitcoin. The success of $ avnt and $ aster helps to strengthen the $ hyper inmate potential; Find out how to buy $ hyper with our guide.
Visit the presale page to find out more.
The earnings highlight a larger trend: the new protocols attract traders promising innovation, improve user experiences and higher potential returns, even if the perpetual market of the Dex market.
If Avantis and Aster can support their momentum remains uncertain, but $ hyper could be here for the long run.
Written by Aaron Walker, NewsBtc- https: //www.newsbtc.com/news/binance-aster-sars-1800- in-week/
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