As Perp DEX (decentralized perpetual contracts) exchanges increasingly dominate the DeFi market, Aster emerges as a potential name thanks to its ability to combine trading, profit optimization and stablecoin issuance. What is Aster? Let’s dive into the article below.

Key Takeaways

• Aster is a next-generation perp DEX exchange based on BNB Chain that allows users to trade crypto assets with up to 1001x leverage, minimal fees, and deep liquidity.
• Aster operates as a multi-functional DeFi platform, focusing on perpetual contract trading, optimizing profits from idle assets, and issuing yield-generating stablecoins.
• USDF is a yield-bearing stablecoin issued by Aster, pegged 1:1 to USDT.

What is Aster?

Aster is a next-generation perp DEX exchange based on BNB Chain that allows users to trade crypto assets with up to 1001x leverage, minimal fees, and deep liquidity.

The project was founded after Astherus combined with APX Finance in late 2024 and renamed itself Aster, with the purpose of creating a full DeFi ecosystem that combines derivatives trading, profit creation (Earn), and yield-generating stablecoin (USDF).

Aster distinguishes itself with a simple interface design that caters to both novice and experienced traders, as well as multi-chain interoperability (BNB, Ethereum, Solana, Arbitrum), which ensures a seamless, efficient, and entirely transparent on-chain trading experience.

How does Aster work?

Aster operates as a multi-functional DeFi platform, focusing on perpetual contract trading, optimizing profits from idle assets, and issuing yield-generating stablecoins. Aster's system is built around three main pillars:

AsterEX

AsterEX is a perp DEX trading platform with two modes:

• Simple Mode: This mode is aimed at ordinary users with a simple interface, no initial deposit required, and supports a maximum leverage of 1001x. Simple Mode uses an anti-MEV mechanism, applies a price fetching mechanism from multiple oracles (Pyth, Chainlink, Binance Oracle) and a circuit breaker feature when the price difference is greater than 1%. Simple Mode has a maximum profit limit according to the leverage level: 500% ROI for 500x, 300% ROI for 1001x.
• Pro Mode: Advanced tools for professional traders. Pro Mode uses an order book model with real-time data, combined with technical charts and advanced position management tools. In addition, Pro Mode is also multi-chain compatible, with competitive transaction fees (0.01% for maker / 0.035% for taker).

Aster Earn

The Earn feature is designed to help users make the most out of their digital assets by participating in staking and receiving regular interest. Instead of letting capital sit idle, users can convert it into a sustainable stream of passive income. 

Within Aster Earn, a range of liquid staking tokens is supported, including asBNB, asCAKE, and asBTC. When users stake assets such as BNB or CAKE, they receive their corresponding liquid tokens (for example, asBNB or asCAKE), which not only represent their staked positions but can also be used in other parts of the ecosystem.

USDF

USDF is a yield-bearing stablecoin issued by Aster, pegged 1:1 to USDT. Unlike conventional stablecoins that are only used to store value or provide liquidity, USDF is designed to use capital more efficiently, meaning that the capital collateralized to issue USDF does not remain idle but continues to be used to generate passive income.

USDF has operated with 3 key features:

• Deployed into delta-neutral strategies (simultaneous long/short) to generate profits while maintaining price stability.
• Users stake USDF to receive asUSDF – which helps enjoy up to 15% APY while maintaining stability.
• USDF minters and holders used to receive a 20x Au Points multiplier, accumulating bonus points for the $ASTER airdrop.

How to claim $ASTER Rewards

While the Aster Onboarding Challenge is live, you can complete the tasks to earn Rh points, BONUSUSD, and early access to $ASTER token airdrops. Here’s how you can participate:

1. Deposit Funds

Start by depositing at least $100 into your Aster account. This is your entry ticket to the campaign.

2. Trade to Unlock Rh Points

Your next step is to start trading. The more you trade, the more rewards you unlock:

• $1,000 cumulative trading volume = Starter reward
• $10,000 cumulative volume = Bigger Rh bonus
• $100,000 cumulative volume = Even more BONUSUSD
• $1,000,000 cumulative volume = Top-tier reward access

3. Use Pro Mode

Want to maximize your Rh point gains? Switch to Pro Mode on the Aster DEX to complete the high-volume tasks faster and more efficiently.

$ASTER airdrop latest update 2025

Recently, Aster has published several informations related to the airdrop program.

Distribution method

Tokens will be credited directly to your Aster Spot account after a successful claim, no gas fees or wallet authorization are required to claim $ASTER.

Actions/ withdrawal after claims

Upon successful $ASTER TGE on 17 September, users will be able to trade $ASTER on Aster Spot directly, or deposit/ withdraw to their wallet by paying gRewards.

All unclaimed tokens after the 30-days window will be redirected to Community Rewards.

Who’s Eligible for $ASTER?

Upon $ASTER TGE, 704 million tokens will be available for claims. You are eligible for $ASTER airdrop if you have participated in any of the following:

• Earned Rh or Au points from Aster Spectra Stage 0 and 1 points program
• Received Aster Gems allocation from community and partner initiatives
• Traded on Aster Pro after Stage 1 ended and earned loyalty points

Aster Spectra Stage 0 and 1 participants need to have a minimum points allocation in order to be eligible for airdrop.

ASTER Token Key Metrics

Here’s the information about ASTER token:

• Name: Aster
• Ticker: $ASTER
• Maximum supply: 8,000,000,000
• Token format: BEP-20 on Binance Smart Chain
• Token address: 0x000Ae314E2A2172a039B26378814C252734f556A

Aster’s Tokenomics & Fundraising

Tokenomics

- Total Supply: 8B $ASTER

- Circulating supply: 704,000,000 $ASTER  

- Token Allocation:

• Airdrop: 53.5%
• Ecosystem & Community: 30%
• Treasury: 7%
• Team: 5%
• Liquidty & Listing: 4.5%

Fundraising

Aster has made two rounds of funding, Seed and M&A respectively. The Seed round was led by YZi Labs (formerly Binance Labs) and the M&A round was participated by APX Finance. However, the amount of funding raised was not disclosed by Aster.

Aster (ASTER) Listing Information

Here are important details revealed to ASTER:

• Listing time: TBA
• Confirmed CEX Listings: TBA
• Pre-market Price (Whales Market): TBA

Use Case of ASTER token

Currently, Aster has not announced any official use case of ASTER token for the project. Whales Market will update immediately when the official Aster website announces.

Aster Roadmap & Team

Roadmap

Currently, Aster has not announced any official roadmap for the project. Whales Market will update immediately when the official Aster website announces.

Team

Although Aster has not publicly announced details about the development team, the strategic moves and product quality show that the project is built by a team with deep experience in the DeFi and derivatives trading fields.

Conclusion

Aster is emerging as a formidable competitor in the DEX space, not only thanks to its trading technology but also its ability to integrate Earn and issue profitable stablecoins. Leveraging the strengths of both Astherus and APX Finance, along with its own Layer-1 development orientation, shows that Aster is not just an exchange but a new generation DeFi ecosystem.

FAQs

1. What is Aster ($ASTER)?

Aster is a next-generation perpetual DEX on BNB Chain, offering up to 1001x leverage, low fees, and deep liquidity.

2. How was Aster created?

The project was formed after the merger of Astherus and APX Finance in late 2024, aiming to build a complete DeFi ecosystem.

3. What are AsterEX’s trading modes?

AsterEX offers two modes: Simple Mode (user-friendly with 1001x leverage and anti-MEV protection) and Pro Mode (advanced tools, order book, charts, and real-time data for professional traders).

4. How can users participate in the $ASTER airdrop?

By completing tasks such as trading, earning Rh/Au points, or joining Aster Spectra programs, users can qualify for the $ASTER token distribution.

5. When is the $ASTER TGE?

The Token Generation Event (TGE) is scheduled for 17 September 2025, after which users can trade $ASTER on Aster Spot or withdraw to wallets.

6. What are the tokenomics of $ASTER?

$ASTER has a total supply of 8 billion tokens, with allocations including 53.5% for airdrops, 30% for ecosystem & community, and smaller portions for treasury, team, and liquidity.