A sharp sell-off in Aster’s token is drawing fresh attention to the decentralized perpetuals trading sector, even as overall derivatives activity remains historically high. ASTER fell roughly 75% from its peak to trade near new lows this week, showing the growing gap between platforms that are capturing durable trading interest and those struggling to hold on once incentives fade. The decline has unfolded as Hyperliquid extends its lead over rivals, raising questions about whether the race among perp-fo ...