Last weekend, Changpeng “CZ” Zhao, the founder of Binance, unexpectedly joined an X Space event with the Aster project team – a derivative DEX platform. CZ affirmed that his role is purely advisory regarding the product and technology, with no involvement in legal matters.

He mentioned that Aster has some former Binance staff in the team, individuals closely connected to the BNB Chain ecosystem. CZ considers Aster to be a strong project, indirectly benefiting BNB – the token closely associated with him.

The ASTER token recently reached a historical peak of 2.41 USD three days ago, before adjusting to 1.98 USD, a decline of over 18% from the ATH. The derivative DEX craze is heating up, especially following the effects from Hyperliquid and the HYPE token.