Part 7/14:
Vertical vs. Horizontal Integration: Hyperlquid owns and controls its entire tech stack, promoting security and speed, while Aster leverages multiple chains, emphasizing interoperability.
Speed and Security vs. Flexibility: Hyperlquid's on-chain matching and settlement promise security and transparency but at the expense of complexity. Aster offers novel, user-friendly features with high leverage, but with higher systemic risks.
Target Audience: Hyperlquid caters to sophisticated traders seeking robust, audited infrastructure, whereas Aster recruits users familiar with gamified, risk-high, multi-chain products.