The current battle situation: Aster's flames of war have spread to Lighter. Since Lighter has 0 fees, Aster's high-frequency market-making has opened its hedging exposure on Lighter. This has led to an abnormal abundance of liquidity on Lighter. Daily trading volume has skyrocketed by 10 billion, with the last 24 hours reaching 17 billion. The Perp DEX Hundred-Team Battle is in full swing. Lighter is a place with super abundant liquidity and 0 fees for hedging. It will definitely secure its spot in this battle. As for Hyperliquid, it's in a 'Nobody Cares' situation now. After all, it's already Rank 3, and this situation might last for quite a while.