Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert & block trade
Convert crypto with one click and zero fees
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Aster News Today: Crypto Market Stalemate: Is the DEX Boom a Lasting Trend or Just a Short-Lived Bearish Break?

Aster News Today: Crypto Market Stalemate: Is the DEX Boom a Lasting Trend or Just a Short-Lived Bearish Break?

Bitget-RWA2025/10/24 09:52
By:Bitget-RWA

- Crypto market shows neutrality as funding rates stabilize near equilibrium, though bearish trends persist amid recent declines. - Decentralized exchange Aster dominates with $10.6B 24-hour volume, outpacing rivals via hybrid on-chain/off-chain model. - Market shifts toward DEXes reflect post-FTX trust erosion, but Aster's reliance on incentives raises sustainability concerns. - Analysts debate if stable funding rates signal bullish reversal or temporary pause, as DEX derivatives aim to capture 25% market

After a stretch of downward momentum, the cryptocurrency market is showing signs of moving toward a more balanced state, as funding rates across leading centralized and decentralized exchanges (CEXs and DEXs) begin to level out. Based on a

, although the market faced another wave of losses earlier in the week, funding rates for several trading pairs have started to approach neutral territory, even as the overall bearish sentiment remains. Funding rates, which indicate the expense of holding leveraged positions in perpetual contracts, are a crucial measure of trader sentiment. Typically, rates above 0.01% point to optimism, while those under 0.005% indicate a pessimistic outlook.

!

At the same time, decentralized exchanges are gaining momentum, with

(ASTER) standing out as a leading force in the perpetual DEX sector. The platform recently posted a 24-hour trading volume of $10.6 billion, outpacing competitors such as Lighter ($10.1B) and Hyperliquid ($8B), according to a . This growth highlights a broader trend of traders shifting to decentralized venues, especially after a series of scandals at CEXs, including the FTX collapse. Aster’s hybrid approach—blending off-chain transaction speed with on-chain settlement—has drawn both individual and institutional traders, though questions remain about its long-term viability due to its dependence on incentive schemes.

The combination of steadier funding rates and increased DEX activity points to an evolving and more sophisticated market environment. While CEXs still hold the majority share in derivatives trading, decentralized options are increasingly seen as credible alternatives for leveraged crypto trades. Experts observe that Aster’s expansion, fueled by liquidity rewards and cross-chain features, signals a rising preference for transparent and non-custodial trading solutions. Nevertheless, the platform’s heavy use of token incentives raises concerns about whether users will stay once these rewards are reduced.

Traders are also watching to see if the recent stabilization in funding rates will lead to a significant bullish turnaround or if it simply marks a brief respite in the prevailing bearish trend. Current projections suggest that decentralized derivatives platforms could account for more than a quarter of the global crypto derivatives market by 2026, driven by tighter regulations on centralized exchanges and ongoing improvements in DeFi technology.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

AI’s Risky Bet on Volatility Fails: 80% Plunge Reveals Market’s Heavy Dependence

- Alpha Arena's report reveals 80% capital loss in AI-driven trading models, exposing algorithmic strategy flaws amid market volatility. - BigBear.ai faces 18% revenue decline and $90M operating loss due to Trump-era spending cuts, despite defense tech partnerships. - C3.ai struggles with CEO departure, legal disputes, and 50% stock drop, contrasting UiPath's 14% AI-powered revenue growth and 108% retention rate. - Market skepticism grows as AI volatility risks emerge, with quantum computing still distant

Bitget-RWA2025/10/24 15:54

Bitcoin News Update: Institutions Invest $314 Million in Bitcoin as Bull Market Targets $115,000

- Bitcoin approaches $115k as RUL drops below 5%, signaling strong long-term holder confidence. - Institutions like BlackRock deposit $314M BTC/ETH into Coinbase, while Fed explores crypto payment accounts. - ETF inflows favor Bitcoin over Ethereum, but derivatives hedging and macro risks pose breakout challenges. - Technical indicators show consolidation with elevated open interest, awaiting regulatory clarity for next moves.

Bitget-RWA2025/10/24 15:54
Bitcoin News Update: Institutions Invest $314 Million in Bitcoin as Bull Market Targets $115,000

Cardano News Today: Cardano's $0.62 at a Critical Point: Bulls Eye $2.96, Bears Aim for $0.50

- Cardano (ADA) faces a 20% monthly decline near $0.64, with analysts divided on its potential for a bullish breakout or further losses. - A critical $0.63–$0.64 support defense could trigger a 333% surge to $2.96, while a breakdown below $0.62 risks a drop to $0.50. - Whale accumulation of 200M ADA tokens and stable market cap ($22–$25B) contrast with broader crypto market weakness affecting ADA, Bitcoin, and Ethereum. - Short-term momentum indicators show improved buying pressure above $0.67–$0.68, but f

Bitget-RWA2025/10/24 15:38
Cardano News Today: Cardano's $0.62 at a Critical Point: Bulls Eye $2.96, Bears Aim for $0.50

Healthcare organizations resolve privacy litigation to mitigate risks amid increased examination of tracking technologies

- Pomona Valley Hospital settles $600,000 lawsuit over unauthorized Facebook Pixel tracking on its website, alleged to violate California privacy laws. - The class-action, filed in 2023, claimed the hospital illegally intercepted user data via tracking tools during patient portal logins between 2019-2022. - Settlement terms include pro-rata payments to affected California residents, with funds covering legal fees and administrative costs, though the hospital denies wrongdoing. - The case reflects heightene

Bitget-RWA2025/10/24 15:38
Healthcare organizations resolve privacy litigation to mitigate risks amid increased examination of tracking technologies