Aster News Today: Aster Sets New Standard for DEXs by Introducing CEX-Level Liquidity Hybrid
- Aster launches Stage 4 "Harvest" airdrop and $10M "Double Harvest" trading competition to boost ecosystem growth. - Dual-reward system allows users to earn airdrop and competition tokens simultaneously through trading activity. - Platform develops on-chain order-book protocol for CEX-like speeds and expands gold/index perpetual contracts. - Global expansion includes Binance events and wallet integrations, while token utility expands to staking and governance. - Hybrid model combines decentralized infrast
Aster, a decentralized perpetual trading platform, has kicked off the fourth phase of its airdrop campaign, named "Harvest," and introduced a $10 million "Double Harvest" trading contest to drive further ecosystem expansion. Building on the high participation seen in Stage 3, this phase is designed to increase user engagement and trading volume through two concurrent incentive programs. The airdrop will allocate 1.5% of the total $ASTER tokens—around 120 million—in six weekly rounds, while
With the "Double Harvest" format, participants can earn both airdrop and competition prizes from the same trades, amplifying the overall rewards. This approach fits into Aster’s larger plan to strengthen liquidity and user activity, especially for emerging projects.
Aster is also making progress on its technical roadmap, actively building a high-speed, on-chain order-book Layer-1 protocol. This system is engineered to handle order submission, matching, and cancellation directly at the protocol level, aiming to deliver centralized exchange (CEX)-like performance while upholding transparency, user control, and privacy.
The platform’s international outreach is accelerating. CEO Leonard recently spoke at Binance Campus APAC in Korea, sharing infrastructure strategies with regional industry stakeholders.
Looking ahead, Aster plans to enhance the utility of its token by adding staking, governance features, fee reductions, and DeFi yield opportunities in the upcoming quarters. These upgrades
At the same time, Aster is contending with competition from other decentralized and centralized exchanges seeking to capture a share of the rapidly expanding crypto trading market. Nevertheless,
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
End of Privacy in Cryptocurrency as United States Adopts International Tax Standards
- The White House reviews a Treasury proposal to align U.S. crypto tax rules with the OECD's CARF framework, enabling IRS access to Americans' foreign crypto transactions. - CARF, adopted by 70+ jurisdictions including G7 nations, mandates automatic cross-border crypto transaction reporting to combat offshore tax evasion. - The framework would require foreign exchanges to report U.S. crypto holdings to the IRS, mirroring FATCA for traditional accounts while exempting DeFi transactions. - Domestic crypto ov
Bitcoin News Today: Institutional Exhaustion and Broader Economic Concerns Push Bitcoin Down to Lowest Point in 7 Months
- Bitcoin fell to a 7-month low below $95,000 amid profit-taking, institutional outflows, and macroeconomic uncertainty, mirroring a 5.8% drop in the CoinDesk 20 index. - Market fear intensified as the Fear & Greed Index hit 10 (lowest since Feb 2025), while MicroStrategy's rumored Bitcoin sales sparked panic despite CEO Saylor's denial. - Institutional fatigue and liquidity declines ($766M→$535.2M) raised correction risks, though Harvard's $443M IBIT investment signaled growing crypto acceptance amid vola
Bitcoin Updates Today: Bitcoin's $80,000 Support Falters as Regulatory Changes and Increased Selling Pressure Emerge
- Bitcoin drops to $89,900, with weak $89,600–$79,500 support raising fears of a breakdown below $90,300 amid heavy selling pressure. - Binance short positions dominate 6.4:1 ratio, while exchange reserves surge $1.43B, signaling panic exit preparations and reduced buyer leverage. - Japan reclassifies 105 cryptos as financial products, and Brazil considers stablecoin tax, adding regulatory uncertainty to crypto markets. - Institutional activity diverges: BitMine expands ETH holdings, while Mt. Gox’s $953M
Vitalik Buterin Backs ZKsync: Driving Ethereum's Layer 2 Transformation and Boosting Altcoin Growth
- Vitalik Buterin endorses ZKsync's Atlas upgrade, signaling a strategic shift in Ethereum's Layer 2 scaling. - The upgrade enables 15,000 TPS, near-zero fees, and boosts ZK token price by 50% post-announcement. - Institutional partnerships with Deutsche Bank and Citi highlight ZKsync's privacy-driven appeal in financial services . - ZK ecosystem grows with $3.5B TVL, driven by ZK rollups and hybrid TradFi-DeFi systems projected to reach $90B by 2031. - Regulatory risks and gas volatility persist, but ZK t
Trending news
MoreCrypto prices
More
