The largest airdrop of the year is about to TGE, is it a big gain or a backlash?
Aster, a decentralized contract trading exchange incubated by Binance Labs, is benchmarked against the well-known Hyperliquid, which has a circulating market cap of $13 billion. Currently, due to the hot sentiment around the airdrop expectation, Aster's trading volume has reached one-sixth of it, placing it in the second position in the industry. After removing the excess, the estimated market cap is around $5-6.8 billion.
Airdrops are divided into two types: one is deposit to earn points, which has already taken a snapshot; the other is trading volume to earn points. (Similar to brushing alpha, but not as competitive)
=== Trade 1000 U within 7 days to get 1000 Rh points ===
=== Trade 10,000 U within 7 days to get 10,000 Rh points ===
=== Trade 100,000 U within 7 days to get 100,000 Rh points ===
Transaction fees: Taker/maker fees 0.035%/0.01%
Contracts can be opened and closed instantly, with slippage around 10000 U/4 U; brushing 100,000 orders incurs slippage of 40 U, and the key is that multiple accounts can be used for brushing.
Of course, this project collects hundreds of thousands of U in fees daily, and there has been no expectation management regarding the airdrop, allowing everyone to earn points freely, which also carries the risk of backlash. After going live, it will surely be chaotic, and everyone can decide whether to participate or not.
