Mahé, Seychelles, March 31st, 2025, Chainwire
Aster, previously Astherus, a hub for multi-asset liquidity bolstered by YZi Labs (formerly Binance Labs), has officially shifted its image, signifying a strategic pivot towards becoming the frontrunner in decentralized perpetuals exchanges (perps DEX). This rebranding heralds the introduction of Aster's upcoming token symbol, $AST , which will be phased in to succeed the current $APX token amidst the backdrop of Astherus's previous integration with the decentralized perp protocol APX Finance. Aster In unison, APX and Astherus have facilitated in excess of $258 billion in decentralized perpetual trading volumes thus far. Leveraging this robust foundation, Aster unveils a duo of seamless trading modes :
Basic Mode : Emphasizing on-chain, one-touch, and MEV-resistant perpetual trading
- Advanced Mode : Features an enhanced order book interface with substantial liquidity, exceptionally low transaction fees, and professional-grade trading utilities
- Positioning itself strategically, Aster is set to go head-to-head with industry heavyweights like Hyperliquid, driven by a roadmap aiming to incorporate zero-knowledge proofs , a specially tailored Layer 1 blockchain , and an aim-driven architecture to refine the decentralized finance trading experience.
“This rebranding is central to our aspiration to lead the DeFi perpetuals arena. By concentrating our strategy on perpetual trading, Aster's long-term viability is assured,” remarked Dust, a key contributor at Aster. “Our roots in APX and YZi Labs have provided us with a solid grounding in both trading infrastructure and yield strategy innovation. Moving forward, Aster will steadfastly focus on ensuring premium user experiences, liquidity, and fortifying security.”
To complement its rebranding, Aster has undergone a series of significant platform enhancements , comprising:
A comprehensively redesigned homepage that aligns with its refreshed identity
- An upgraded trading UI and UX allowing smooth transition between modes
- Abundant liquidity contributed collaboratively by top-tier market influencers
- New fee structure: Maker 0.01% , Taker 0.035%
- A referral program with a 20% commission, all framed within a tiered structure soon to be rolled out
- Rh Points Program , entering the scene in the upcoming 14 days, enabling traders to accrue points envisioned for forthcoming airdrops
- Encouraging all traders to engage with the platform akin to CZ, featuring a noteworthy $10,000 trading campaign directed towards attracting users from other leading perp DEX platforms
- In pursuit of long-term objectives, Aster is orchestrating the introduction of its proprietary Layer 1 blockchain , engineered for peak trading efficiency, together with Aster-native blockchain explorers to enhance transparency and provide comprehensive insights into on-chain trading operations.
As a facet of the rebranding initiative, Aster is debuting a novel token symbol, $AST , to encapsulate the platform's dynamic identity evolution. While token listing plans are afoot, Aster's foremost directive remains developing a world-class product foundation, with $AST set to occupy a pivotal role within its ecosystem once the groundwork is firmly in place.
Aster will remain devoted to sustaining Astherus' famed yield products under the Aster Earn banner, inclusive of BNB liquid staking derivative asBNB and yield-generating stablecoin USDF .
Additional alliances, airdrop specifics, and timelines for token adaptation are on the horizon, with announcements scheduled in the forthcoming weeks and months.
is a cutting-edge decentralized perpetual exchange crafted for universal accessibility. It facilitates MEV-free, seamless trading with up to 1001x leverage in Simple Mode (BNB Chain, Arbitrum), and offers a comprehensive suite of tools for professional traders in Pro Mode (BNB Chain, Ethereum, Solana). With backing from YZi Labs, Aster is constructing the future landscape of decentralized finance: expedient, adaptable, and with the community at its heart.
About Aster
Aster , or connect with the Aster team through the official
Multi-chain. Liquid. Secure.
Users can learn more at https://asterdex.com Disclaimer: This Press Release is by a third party, responsible for its content. It's important to perform your own analysis before making any decisions based on the information provided. X account
Contact
Marketing Lead
Kathy
Aster
Kathy@astherus.com
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