I thought I had already answered this one!
As long as it tastes acceptable, yes, you can eat the asparagus.
The
reason that it decays from the tip down is mainly the nature of the
tissue; not many people who have never worked with asparagus realise
that those stubby "spears" are the buds of the long, wiry, often thorny,
fronds of various asparagus species. We have may wild species of Asparagus in
Southern Africa, and some of them are appallingly thorny; they have
vernacular names that translate as "cat thorn", "wait a little" and the
like. However, each barbed-wire frond grows from the expanding soft
tissues of the underground spears. Apart from the berries and certain
underground storage organs of some species, both of which are excellent
in salads, the spears are the only edible part; the spears of even some
of the most vicious species are delicious, some, though smaller, being
tastier than domestic varieties. The entire frond grows out in a matter
of days. Now, fibrous, woody tissue cannot do such things, so the plant
essentially builds an inconspicuous underground store of soft, crisp
tissue, then when all is ready, it shoots out, thinning, branching and
hardening as it goes.
We of course, don't want woody salads, so
we harvest the spears just before they launch themselves at the great
outdoors. Their stems are already starting to become fibrous, but the
tips are the tenderest bud tissue. Anything that damages its easily
bruised cells makes them available to microbial decay, so the tips decay
fastest. Also, the tips are where the stored sap is being delivered at the greatest pressure, so damaged or weakened cells at the tip tend
to let the sap escape most and soonest. In some varieties at some
stages, it is possible that some of the fluid you mention could be guttation, in which components of sap exude from special pores in stem
or leaf buds, but it amounts to much the same thing from your point of
view.
In either case, it is quite safe to eat while it is reasonably fresh, and usually afterwards too.