What Is Aster?
Aster, previously known as Astherus, is a multi-chain decentralized perpetual futures exchange (DEX) backed by YZi Labs (formerly Binance Labs), operating on Ethereum, BNB Chain, Arbitrum, and Solana, with a total value locked (TVL) of over $346 million.
Notably, the platform offers two trading interfaces—Simple Mode for one-click, MEV-resistant trading with up to 1001x leverage and Pro Mode for advanced traders with low fees and sophisticated tools.
According to the docs, the project is guided by a unified vision to simplify and elevate the DeFi experience. It is a platform where security, performance, and community-first design come together.
Industry leaders recognized Astherus for its powerful yield-generating products and APX for its robust perpetual trading infrastructure. Now, with Aster, they have combined those strengths to build a seamless ecosystem, one where traders and earners alike can access everything they need without friction.
Aster is now laser-focused on building the best decentralized perpetual exchange in the space. They are committed to delivering a seamless, powerful, and truly decentralized on-chain derivatives trading experience.
Aster Team | Who Are The People Behind Aster?
It is important to note that the names of specific team members of Aster are limited and undoxxed.
Leonard is Aster’s CEO, bringing extensive experience in DeFi, chain derivatives, and liquidity management. He has a background in traditional finance (TradFi) and blockchain, with expertise in building products in the crypto space.
Moreover, Ember serves as Aster’s Business Development (BD). Specific details about Ember’s background are not fully disclosed in public sources, but he/she actively participate in community engagement, such as AMAs, and contribute to Aster’s user-focused initiatives, like improving the user interface based on community feedback.
Aster Funding Rounds
Aster is backed by YZi Labs (formerly Binance Labs) and has raised an undisclosed amount in a Seed funding round announced on November 28th, 2024.
This funding supports its development as a cross-chain perpetual decentralized exchange on BNB Chain, Arbitrum, Ethereum, and Solana.
The platform, which merged with APX Finance in late 2024, has processed over $300+ billion in trading volume.
Additionally, no further details on other funding rounds, investor ROI, or tokenomics are publicly disclosed.
Aster’s focus remains on enhancing its trading infrastructure and community rewards through its $AST token.
Aster Airdrop Guide – Step-By-Step Guide
The platform is running a “Spectra Stage 1” points program to incentivize user activity, where participants earn Rh Points for trading perpetual contracts and Au Points for minting and holding assets, such as USDF (20x multiplier) and asBNB (10x multiplier).
These points are expected to determine eligibility and allocation for a potential $AST token airdrop, though specific details on token utility and distribution remain undisclosed.
To maximize rewards, users are encouraged to trade actively, stake assets, and participate in referral programs, with points tracked via 6-hour snapshots and weekly resets.
Requirements:
- An EVM wallet, such as MetaMask, Rabby, OKX Wallet, etc.
- Trading capital (no minimum, just trade what you can afford to lose).
👉 STEP 1: Head over to https://www.asterdex.com/en/futures/v1/BTCUSDT and enter an invite code. Otherwise, click “Skip”.
👉 STEP 2: Connect your Web3 wallet.
👉 STEP 3: Deposit USDT (use the BNB network for cheap gas fees).
👉 STEP 4: Trade on the Aster platform.
👉 STEP 5: Keep an eye on official announcements and hope for the best!
Key Takeaways Of Aster
Notably, Aster is backed by YZi Labs (formerly Binance Labs). For context, YZi Labs is a prominent venture capital firm investing in Web3, AI, and biotech startups, operating as the family office of Binance co-founders Changpeng Zhao (CZ) and Yi He.
Moreover, the platform is a non-custodial, multi-chain infrastructure, and audited smart contracts prioritize user control and security, addressing DeFi trading challenges like complexity and front-running.
If you participate in Aster’s Spectra Stage 1 points program, you can earn potential $AST token rewards. Traders earn Rh points, while asset holders or minters earn Au points, with higher activity increasing allocations.
However, it’s worth noting that this airdrop is not free. The platform requires active trading, which incurs gas fees and market risks.
Therefore, Aster is worth joining for active traders and DeFi enthusiasts, with early adopters and high-volume traders benefiting the most from the campaign.
Community Details About Aster
It is important to stay connected so you can quickly hear about new developments and announcements about Aster.
Here are the official channels that you should be following:
- 🌐 Website: https://www.asterdex.com/en
- 🐦 Twitter/X: https://x.com/Aster_DEX
- 💬 Discord: https://discord.com/invite/HzrgVv7n64
- 📱 Telegram: https://t.me/AsterDEX
- 📝 Medium/Blog: https://medium.com/asterdex
Lastly, always make sure to use official links from verified sources to avoid scams or phishing attempts.
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If you are interested in farming this project, we recommend reading our other recent or ongoing airdrops that are worth checking out. Because at UseTheBitcoin, we make sure you do not miss out on some of the potential airdrops that are worth your time and attention to maximize your gains!
