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Aster Airdrop

Aster is a multi-chain decentralized exchange combining perpetual and spot trading with yield-bearing collateral. It offers both simple one-click trading and a pro order-book with advanced tools, targeting users across BNB, Ethereum, Arbitrum, and Solana. The project surged in popularity after public endorsement from Binance’s CZ, drawing massive user interest and positioning itself as a rising competitor in the crowded perps market.

Review release date: 9/24/2025
blockchain iconblockchain
Multi-Chain Support
Category iconCategory
DEX, DeFi
Airdrop Date iconAirdrop Date
Q4 2025
Market cap iconMarket cap
Large
KYC iconKYC
No
Project age iconProject age
> 1 year
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Airdrop farming steps

Step-by-Step Guide to Farming Aster Airdrop

1

Go to the Aster Website and Sign Up: Navigate to the Aster DEX app and redeem the invite code to sign up.

2

Mint USDF: Go to the USDF dashboard and mint a minimum of 50 USDF with USDT on BNB chain.

3

Deposit USDF: Go to the Portfolio dashboard and deposit the USDF to a Perp wallet.

4

Open a Position: Open any perp position, make sure you put a market order, rather than limit for bonus Ph points. Your daily realized profit or loss (excluding fees) adds to points.

5

Refer Friends: Go to the Referral dashboard to access your unique referral code and link. You can earn 10% of the Ph points earned by first-level invitees and 5% from second-level ones.

Project Review

Problem Solved

Aster aggregates liquidity across chains, letting users trade without manual bridges, thereby solving cross-chain fragmentation. The dual trading modes address user experience: a straightforward one-click mode for beginners and an advanced order book for pros. By accepting yield-bearing collateral like as BNB and USDF, Aster unlocks capital efficiency so assets earn yield even while used for margin. It also tackles fairness issues through MEV-resistant design and hidden orders to prevent front-running and liquidation sniping. Additionally, it introduces U.S. stock perpetuals and offers extreme leverage (up to 1001Ă—).

Tokenomics

$ASTER Distribution heavily favors the community: 53.5% of $ASTER is allocated to airdrops/rewards and 30% to ecosystem growth, while the team holds only 5%. This community-first allocation suggests a fairly decentralized token spread. $ASTER functions as a utility and governance token to drive platform growth and reward users. Most tokens (including airdrop rewards and team shares) are vested over time to ensure long-term commitment. No explicit burn or deflation mechanism is in place at launch.

8 billion supply
Airdrop53.5%
Ecosystem & Community30%
Treasury7%
Team5%
Liquidity & Listing4.5%
Aster tokenomics chart

Perspectives

Aster’s prospects appear strong but depend on execution. The project is entering a booming decentralized perps market and has quickly amassed significant volume and TVL. Its novel features (yield-bearing collateral, cross-chain aggregation) and backing by Binance’s CZ give it a head start in user acquisition. Long-term success will rely on delivering its ambitious roadmap, including launching the Aster Chain L1 and integrating zero-knowledge tech for speed and privacy. Maintaining momentum against established rivals (dYdX, GMX, Hyperliquid) could be challenging once initial airdrop incentives fade, and executing a new blockchain is a further hurdle.

Founders and Team

DustCore Contributor

Aster emerged from the merger of Astherus (yield-focused) and APX Finance (perp trading) in 2024. Key members remain mostly semi-anonymous, a notable spokesperson goes by “Dust,” identified as a core contributor articulating Aster’s vision. Though individual backgrounds aren’t fully public, the team’s track record speaks through execution: they merged two complex DeFi platforms, processed over 250 billion in volume pre-rebrand, and delivered a multi-chain trading product. This blend of yield and trading expertise gives them a solid foundation to execute Aster’s ambitious roadmap. Support from Binance’s CZ and the YZi Labs incubator further bolsters the team’s credibility.

Funding

Seed
NOVEMBER 2024

Lead Investors: Binance Labs

Aster secured significant backing prior to launch. In November 2024, it closed a seed funding round led by Binance Labs, aligning the project with Binance’s ecosystem. While exact figures weren’t public, this backing and CZ’s support indicate robust financial resources. The project did not hold a public token sale, instead, over half the token supply is being distributed via community airdrops. With 7% of tokens allocated to a treasury for development and a strong initial market debut (market cap topped $300M within hours), Aster appears well-funded to execute its vision.

Aster, Seed
November 2024
binance labs logo

Community

Aster’s community has grown explosively through incentivized campaigns. The pre-launch Spectra/Genesis points programs attracted hundreds of thousands of users (over 500k unique wallets) and generated over 500B in trading volume during test phases. This airdrop-driven growth shows high interest amplified by CZ’s public endorsement. Social sentiment appears bullish—Aster is touted by some as a potential “next big DEX.” However, many participants are airdrop hunters, so retaining long-term users will be challenging once rewards taper off. The team’s community-first approach (53% of tokens to users) and active Telegram/Discord presence indicate a strong focus on community building.

Total Trading Volume 
$496,774,225,133 
Highest Daily Trading Volume 
$5,174,893,743.75 
Highest Total Value Locked 
$389.7M 
Total Active Users 
688,068 

Competitors

Aster enters a crowded arena of on-chain perpetual trading platforms. Direct competitors include decentralized perps exchanges like Hyperliquid, dYdX, GMX. A newer rival is Avantis on the Base network, offering similar features (high leverage, RWAs, zero-fee perps, USDC vaults) and quickly gaining traction and volume. Market saturation is real: many platforms are pushing similar promises. Aster’s yield-collateral innovation, CZ/YZi backing, and multi-chain spread give it a current edge, but standing out long term will require continued product differentiation, liquidity depth, and user retention versus both established players and upstarts like Avantis.

Strengths:
Major Backing: Supported by Binance’s CZ and YZi Labs, which provides strong credibility and access to key resources.
Community-Driven Distribution: Over half the token supply goes to users, attracting 500k+ wallets through airdrops.
Interesting Trading Features: Offers up to 1001Ă— leverage, hidden orders to reduce MEV, and stock-based perpetuals.
Risks:
Intense Competition: The perps market is crowded with rivals like Hyperliquid, dYdX, and GMX.
Regulatory Concerns: Stock-based derivatives and Binance ties may trigger scrutiny from regulators.
User Retention Risk: Many participants joined for airdrops and may leave once incentives decline.

Conclusion

Aster DEX shows significant promise yet still has much to prove, as its novel features and strong backers give it a running start in the DeFi perps race. Its fate now hinges on execution: the team must keep traders engaged beyond the airdrop hype and successfully roll out planned upgrades (like its own L1 chain) amidst fierce competition. If they deliver, Aster could solidify itself as a leading on-chain exchange; if not, its early momentum may fizzle out in a crowded market. For airdrop hunters, Aster’s upside potential is enticing, but the risks are equally real.

Other Details

Earning Ph points on Aster is as simple as just being a regular user of their Perp markets. In our step-by-step guide we're showing you an optimized strategy that ensures you get the maximum value of points for your actions, utilizing bonuses and multipliers. You can skip using USDF (which has a 50$ minimum for minting) and opt for using any other available collateral to open perp positions, but doing so will yield less points.

Also note that trading volume and realized gains is what counts. You can deposit the 50$ minimum, run a few trades and then withdraw whatever funds you have left once you're happy with the amount of points you accumulated.

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Aster Airdrop

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