What Is Aster?
Aster DEX is a decentralized perpetual futures exchange (perp DEX) designed for traders of all levels, offering seamless on-chain trading with features like low fees, deep liquidity, multichain support, and leverage up to 1001x. Backed by YZI Labs and linked to Changpeng Zhao (CZ), the former Binance CEO, it aims to rival established platforms like Hyperliquid by providing user-friendly modes—Simple for beginners with one-click trades and Pro for advanced users with tools like hidden orders and MEV-free execution. Launched in 2025, Aster emphasizes accessibility and innovation in the DeFi space, allowing spot and perpetual trading across various assets while incorporating yield-earning opportunities.
The platform supports a wide range of cryptocurrencies and is expanding its offerings, with plans to introduce blue-chip stock perpetuals (e.g., NVDA, TSLA) already live and commodities like oil and gold, plus forex pairs, slated for rollout by the end of 2025. Aster’s token, ASTER, powers the ecosystem, with governance and staking features to enhance user engagement. It has gained traction for its high-performance infrastructure and focus on fair trading rules, positioning itself as a next-gen DEX amid growing competition in onchain trading.
USDF is a native, yield-bearing stablecoin issued by Aster.
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