stinky dog shit

Aster: The Dark Horse Breakthrough in the Crypto Derivatives Track
In the ever-changing cryptocurrency market, the decentralized perpetual contract exchange Aster has rapidly become the hottest news focus within 24 hours. As a potential project endorsed by Binance founder (CZ), Aster's token ASTER has soared over 1000% since its TGE launch on September 17, reaching a peak of $2.43, with a 24-hour trading volume exceeding $83.1 billion and TVL (Total Value Locked) surging to $1.467 billion.
This is not just a frenzy of numbers, but Aster's strong challenge to Hyperliquid in the Perp DEX track: its 24-hour revenue reached $25.2 million, surpassing the latter by more than double, ranking second in the entire network, only behind Tether.
Aster's rise stems from its innovative product matrix: supporting multi-chain deployments like BNB Chain and Solana, providing a mixed trading mode of order book and AMM, anti-MEV perpetual contracts with up to 100x leverage, and 24/7 US stock perpetuals (such as Apple and Tesla), allowing operations around the clock without KYC.
Even more eye-catching is the 53.5% token airdrop plan, with the second quarter airdrop valued at over $700 million, driving 710,000 new users to flock in, and the platform's cumulative trading volume has exceeded $923.8 billion.
Despite facing concerns over token concentration—96% of the supply locked or entrusted, with only 10% in circulation—CEO Leonard emphasizes that private placement party YZi Labs has no intention of selling, and the transparent mechanism is gradually alleviating doubts.
Aster's explosion not only reshapes the DeFi liquidity landscape but also signals the leap of on-chain trading towards CEX-level experiences. In the future, its Aster Chain launch could ignite a new round of growth. However, in the bull market bubble, investors need to be cautious of retention risks and intensifying competition. Aster, like a new star, illuminates the infinite possibilities in the derivatives field.
$ASTER
{future}(ASTERUSDT)
#ASTER