ChainCatcher news: The cryptocurrency data platform CoinMarketCap (CMC) today announced the launch of CMC Launch — a dedicated launchpad for high-quality Pre-TGE projects, aimed at connecting potential cryptocurrency projects with over 50 million active users monthly worldwide. The first project to participate in CMC Launch is the decentralized perpetual trading platform Aster ($AST).

Compared to traditional launchpads, CMC Launch applies a more rigorous vetting process, only opening up to truly promising projects to support early-stage businesses in reaching a global audience. Selected projects will receive an exclusive launch page, interactive tasks to encourage deep user engagement, along with wallet verification support to qualify for airdrop.

The inaugural project, Aster, supported by YZI Labs, aims to provide innovative perpetual contract services for traders ranging from beginners to experts. Core features include: a dual-mode trading interface (simple/professional) tailored for different user groups; multiple airdrop incentive programs; non-custodial trading that does not require KYC to ensure asset autonomy; and providing deep liquidity pools, low fees, and multi-chain support, currently operating on BNB Chain and Arbitrum.