Recently, CZ has been mentioning a project, constantly forwarding updates about it, this project is - Aster
Through understanding, it was found that this project is only invested by one institution, YZi Labs, which we know is the former Binance Labs. At the same time, on July 30 last year, Aster was selected as one of the first projects in the seventh season incubation program of Binance Labs.
It can be seen that this project is very likely to be Binance's own project!
At the same time, by observing the project website, I discovered that this project is currently conducting a reward activity, and it is also clearly stated that there is a token airdrop.
Next, I will lead you to understand this project and teach you how to interact with it:
Aster is a next-generation decentralized perpetual contract exchange (Perp DEX)
Aimed at providing a simple, efficient, and secure decentralized finance (DeFi) trading experience for all types of traders (from beginners to professionals)
Aster was formed after the strategic merger of two projects, Astherus and APX Finance, at the end of 2024, and was subsequently renamed Aster.
Predecessor:
· Astherus: Initially positioned as a multi-asset liquidity center. Astherus was established in 2023, and within just six months, its total locked value (TVL) exceeded 160 million USD, and later grew to 300 million USD.
· APX Finance: A well-established decentralized derivatives trading platform with a strong trading infrastructure. Both projects received investment and incubation support from YZi Labs (formerly Binance Labs).
Aster combines 'Astherus's yield products' and 'APX Finance's perpetual contract trading capabilities', mainly with the following functions:
(1) Trading mode
Aster offers two trading modes to meet the needs of beginners to experts:
· Simple mode: One-click trading on-chain, anti-MEV, supports Meme contracts, up to 1001x leverage
· Pro mode: CEX-level order book, extremely low fees (Maker 0.01%, Taker 0.035%)
(2) Cross-chain seamless trading
Supports multi-chain deployment of BNB, ETH, ARB, SOL, no need for bridging or switching networks, one-stop trading experience
(3) Yield products (Aster Earn)
Inherits the Astherus yield module, asset staking can earn yield:
· Stake BNB, USDT, BTC, CAKE, with an annualized yield of up to 30%+
· Holding ALP can share platform earnings + accumulate Au points, which can be exchanged for rewards in the future
(4) Innovation highlights
· The first Perp DEX to support USD1 (RWA stablecoins) as margin
· Multi-oracle system: Pyth + Chainlink + Binance Oracle
· Multi-round audits: Salus, Peckshield, Blocksec, ensuring fund security
Why is Aster worth it? I summarized the following points:
(1) Strong correlation with Binance, almost guaranteed to be listed on Binance later
(2) Clear airdrop, the official statement: Trading in Pro mode can receive $AST airdrop
(3) Currently, this should be the last sprint activity before Aster TGE, the opportunity is brief and very cost-effective
(4) Activities launched by Aster are only available for new accounts to participate, casually participating can surpass old users
So how to interact with this project specifically? Below are the detailed operation logic and methods:
(1) Strategy logic
· Through the BSC chain, achieve a trading volume of 100,000 U (complete the activity)
· Then leave 101 U + open a small position (act as a real user)
Ultimately earn 115,000 points (Rh)
(2) Operation method
(2-1) Enter Aster website: https://www.asterdex.com/zh-TW/futures/v1/BTCUSDT?ref=5qXE2U
Click 'Redeem invitation code' to enter
(2-2) Deposit task (before 6.7):
Deposit any chain > 100 U and maintain it for 2 consecutive days
Reward 500 Rh points
Entrance: https://www.asterdex.com/zh-TW/rewards_hub
(2-3) Complete trading task:
In simple terms, it means opening contract orders, boosting trading volume, and opening and closing positions instantly.
The trading volume is calculated based on the leveraged amount, specific rules are as follows:
· Trade 1000 U within 7 days → 1000 points
· 10,000 U → 10,000 points
· 100,000 U → 100,000 points
· 1,000,000 U → additional reward of 200 U
You can check the progress/profit and loss here:
https://www.asterdex.com/zh-TW/portfolio/overview
(2-4) Remember after trading:
Leave 100 U in the account and open a small position, hold it for 2 days
The withdrawal button is in the upper right corner (note that profits cannot be withdrawn temporarily)
This step is mainly to make your account look like a real trader's account.
Final note:
From the past to now, DEX projects have always been among the top in terms of profitability:
· Uniswap is the pioneer of airdrop models
· DYDX single account minimum guarantee 2000 U airdrop
· Hyper single account 1000-2500 U airdrop
Recently, the popularity of Hyper has become the focus of everyone's discussion. James and Insider's positions worth over a hundred million are traded on Hyper. Binance must be coveting this big cake and brewing its own DEX is only natural.
Therefore, Aster is Binance's killer move to attract on-chain funds; let's wait and see!
