Skip to content

Decentralized perpetual trading firm, Astherus, undergoes rebranding, now known as Astherus. Newly named Astherus heads into the market leadership.

Seychelles, Mahé - Chainwire Report: Events Unfold on 31st March 2025, Seychelles

Seychelles, Mahe'_s Shores, 31st March 2025 - Breaking News via Chainwire: A Significant...
Seychelles, Mahe'_s Shores, 31st March 2025 - Breaking News via Chainwire: A Significant Announcement

Decentralized perpetual trading firm, Astherus, undergoes rebranding, now known as Astherus. Newly named Astherus heads into the market leadership.

Seychelles, March 31st, 2025, Chainwire

Introducing Aster: the rebranded, redefined multi-asset liquidity hub that's making waves in the DeFi world! Boldly stepping into the spotlight, Aster was previously known as Astherus and was backed by YZi Labs (formerly Binance Labs). Its strategic shift aims to conquer the decentralized perpetuals exchange (perps DEX) arena, exhibiting a newfound identity with its future token ticker, $AST.

The merger between Astherus and APX Finance laid the groundwork for Aster's ascent, boasting an impressive $258 billion in decentralized perpetual trading volume to date. Let's dive into the sleek, seamless trading modes offered by Aster:

  • Simple Mode: A breeze for anyone, this on-chain, one-click, MEV-resistant trading interface allows you to dive into the world of perps without breaking a sweat.
  • Pro Mode: A haven for the DeFi savvy, this advanced order book interface showcases deep liquidity, minimal trading fees, and top-notch tools for the experts.

With its powerful footing, Aster is primed to go head-to-head with industry leaders, such as Hyperliquid. Hop aboard the Aster train, as its promising roadmap unveils the implementation of zero-knowledge proofs, a custom-built Layer 1 blockchain, intent-based architecture to streamline your DeFi journey, and so much more!

"The rebrand marks our lofty ambition to dominate the DeFi perps market," shared Dust, a Core Contributor of Aster. "Our roots in APX and YZi Labs have equipped us with a solid infrastructure for trading and yield strategies. Aster is all about prioritizing top-tier user experience, liquidity, and security."

To celebrate its newly-minted identity, Aster has rolled out some notable updates:

  • A refreshed, revamped homepage
  • A sleek, streamlined trading UI and UX with easy switching between modes
  • A revised fee structure: Maker 0.01%, Taker 0.035%
  • Deep liquidity from top-tier market makers
  • A referral program offering a whopping 20% commission (with tiered options on the horizon)
  • The Rh Points Program, launching in just two weeks, letting traders earn points redeemable for future airdrops
  • A special $10,000 trading campaign to entice users from other leading perp DEXs

Did you know? Aster's first-ever crypto exchange encounter looks just like CZ's: welcome to the platform!

In the long term, Aster is gearing up to introduce its very own Layer 1 blockchain, optimized for lightning-fast trading, and will ultimately roll out Aster-native blockchain explorers to shed light on the intricacies of on-chain trading activity.

As part of the rebrand, Aster is welcoming the world to its revamped platform with a new token ticker, $AST. While its listing is still in the works, Aster is laser-focused on building a world-class product infrastructure for this vibrant, community-led project. Keep an eye out for more $AST insights down the line!

Being DeFi savvy has never been more rewarding; explore Aster's offerings at https://asterdex.com and connect with the team at the official X account.

Contact

Marketing [email protected]

Disclaimer: Advertise Here

Insights:

  • Aster is a decentralized perpetual exchange (DEX) concentrating on non-custodial trading of perpetual contracts across various blockchain networks. Its strategic vision is influenced by its beginnings from the union of Astherus and APX Finance in late 2024, with an emphasis on liquidity amalgamation, cross-chain compatibility, and user experience[1][2].
  • Cross-Chain Liquidity & Integration: Aster reduces trading barriers by combining liquidity from multiple blockchains, improving efficiency and fostering seamless asset transfers[1][2].
  • User Experience & Interface: With its Simple Mode and Pro Mode, Aster is dedicated to catering to both casual and expert traders alike, offering multiple avenues for interaction and engagement[1].
  • Zero-Knowledge Proofs (ZKPs): Although not yet confirmed, it's plausible that Aster may adopt ZKPs to strengthen privacy and scalability in its trading processes[1].
  • Intent-Based Architecture: Aster's approach to user goals resonates with aspects of intent-based trading, in which traders define desirable outcomes rather than specifying transactions[1].
  • Security & Auditability: Aster has passed contract audits from trusted entities, like Salus Security and Peckshield, and dedicates itself to ongoing security enhancements, particularly in connection to cross-chain bridge safety[1][5].
  • Leadership & Vision: Operated by CEO Leonard and key contributors like Dust and Ember, Aster eye-balls the future of DeFi, personifying the ideals of a liquid, secure, and unified exchange experience[1].

In light of its rebrand, Aster, the multifaceted DeFi liquidity hub, is planning to leverage its roots in APX Finance and YZi Labs to dominate the decentralized perpetuals exchange (perps DEX) market. As part of its new identity, Aster has introduced its native token ticker, $AST, which is currently under listing process. The technology behind Aster includes the implementation of zero-knowledge proofs, a custom-built Layer 1 blockchain, and intent-based architecture to streamline user experiences.

Read also:

    Latest