🚨 ApoloX and ASTER Merger 🚀
You may notice that $APX just went parabolic. But the real story isn't just a 10x pump; it's a strategic move that has created a new DeFi giant.
🖇️ The Merger & The Rebirth of Aster 🌌
APX was the native token of the ApolloX perpetual exchange. The recent price surge was triggered by a strategic merger between ApolloX and Astherus, creating a new, unified platform: Aster.
🕵️♂️This isn't a simple partnership. The APX token is being fully migrated to the new $ASTER token at a 1:1 ratio. The market is buzzing because the value of APX is now a direct proxy for the value of the new, highly-anticipated ASTER token.
🤔 What is Aster?
Aster is a next-generation decentralized perpetual exchange (DEX) that aims to bring a CEX-level trading experience on-chain.
📈 High-Leverage Trading: Offers perpetual futures trading with up to 1001x leverage.
Professional Tools: Features like hidden orders 🤯 and advanced order books for professional traders 😎
🤑 Real Yield: A portion of trading fees are shared directly with ASTER token holders.
Tokenomics 📊
Max Supply: 8 billion (hard cap).
Current Circulating Supply: ~1.66 billion (~20.75% of total).
Community-Centric: Over 53% of the supply is allocated to airdrops and community rewards.
The Backing That Changed Everything 💡
The project has garnered immense attention due to its high-profile backing:
🧪 YZi Labs (formerly Binance Labs): The venture capital and incubator arm of Binance is a strategic investor.
😎 CZ’s Endorsement: Changpeng Zhao himself publicly endorsed the project on social media, sparking a massive wave of interest and driving speculation.
Aster is poised to become a major player in the decentralized derivatives space.
This could be the next $BNB
