[PRESS RELEASE – Mahé, Seychelles, March 31st, 2025]
Astherus, a multi-asset liquidity hub backed by YZi Labs (previously Binance Labs), right now declares its official rebrand to Aster, marking a major strategic shift towards changing into the main decentralized perpetuals change (perps DEX). The rebrand additionally introduces Aster’s future token ticker $AST, which is able to exchange the present $APX token. This follows the sooner merger between Astherus and decentralized perp protocol APX Finance.
APX and Astherus have collectively processed over $258 billion in decentralized perpetual buying and selling quantity up to now. Constructing on this basis, Aster introduces two seamless buying and selling modes:
- Easy Mode: On-chain, one-click, MEV-resistant perpetual buying and selling
- Professional Mode: Superior order ebook interface with deep liquidity, extraordinarily low buying and selling charges, and superior buying and selling instruments
Aster is now strategically positioned to problem trade leaders like Hyperliquid, with a roadmap that features the mixing of zero-knowledge proofs, a purpose-built Layer 1 blockchain, and intent-based structure to simplify the DeFi buying and selling expertise.
“The rebrand is central to our ambition of main the DeFi perps market. Our strategic concentrate on perpetual buying and selling may also guarantee Aster’s long-term sustainability,” stated Mud, a Core Contributor of Aster. “Our roots in APX and YZi Labs gave us a robust basis in each buying and selling infrastructure and yield methods. Aster will proceed to prioritize top-tier consumer expertise, liquidity, and safety.”
In step with its rebrand, Aster has considerably upgraded its platform, together with:
- A totally redesigned homepage reflecting its new identification
- Enhanced buying and selling UI and UX with seamless switching between modes
- New price construction: Maker 0.01%, Taker 0.035%
- Deep liquidity supplied in partnership with top-tier market makers
- A referral program providing 20% fee, with a tiered system within the works
- Rh Factors Program, launching throughout the subsequent 2 weeks, the place merchants earn factors redeemable for future airdrops
- Welcome all merchants to strive the platform identical to CZ did – with a particular $10,000 buying and selling marketing campaign focusing on customers from different main perp DEXs
In the long run, Aster is constructing towards the launch of its personal Layer 1 blockchain, optimized for buying and selling efficiency, and can introduce Aster-native blockchain explorers to carry transparency and perception to on-chain buying and selling exercise.
As a part of the rebrand, Aster is introducing a brand new token ticker, $AST, to signify the platform’s evolving identification. Whereas the token itemizing is deliberate for the long run, Aster’s prime precedence is constructing world-class product infrastructure. $AST will play a central function within the ecosystem as soon as the muse is in place.
Aster will proceed to assist Astherus’ common yield merchandise below Aster Earn, together with the BNB liquid staking by-product asBNB and yield-bearing stablecoin USDF.
Additional ecosystem partnerships, airdrop particulars, and token mapping timelines will likely be introduced within the coming weeks and months.
About Aster
Aster is a next-generation decentralized perpetual change constructed for everybody. It gives MEV-free, one-click buying and selling with as much as 1001x leverage in Easy Mode (BNB Chain, Arbitrum), and full-featured, pro-grade instruments in Professional Mode (BNB Chain, Ethereum, Solana). Backed by YZi Labs, Aster is constructing the way forward for DeFi: quick, versatile, and community-first.
Multi-chain. Liquid. Safe.
Customers can study extra at https://asterdex.com, or join with the crew on the official X account
Binance Free $600 (CryptoPotato Unique): Use this link to register a brand new account and obtain $600 unique welcome supply on Binance (full details).
LIMITED OFFER for CryptoPotato readers at Bybit: Use this link to register and open a $500 FREE place on any coin!