Aster DEX burned about 3.109 million ASTER tokens roughly one hour ago, according to Arkham monitoring data. According to ChainCatcher, the tokens were valued at about $2.25 million.

The report said Hyperliquid's total token supply is close to 1 billion, while Aster's total supply is 8 billion, about eight times larger. Market attention is now on whether Aster's future burn mechanism can continue easing token supply pressure.