Astherus, a major player in multi-asset liquidity, has rebranded as Aster. This move signals a big push to become the top decentralized perpetuals exchange (DEX).
A Fresh Start, New Name, New Token
The rebrand includes a new token, AST, replacing the old $APX token. This follows the merger of Astherus and APX Finance, which together have already processed over $258 billion in decentralized perpetual trading volume.
Two Ways to Trade
Aster offers two distinct trading modes:
- Simple Mode: Super easy, on-chain, one-click trading that’s resistant to MEV (maximal extractable value) exploits.
- Pro Mode: For experienced traders, this mode offers a deep order book, incredibly low fees, and advanced trading tools.
Taking on the Big Guys
Aster is aiming to compete with industry giants like Hyperliquid. Their plans include integrating zero-knowledge proofs, creating a custom Layer 1 blockchain, and designing an intuitive trading experience. A core contributor to Aster stated that the rebrand is key to their goal of dominating the DeFi perpetuals market. They highlighted their strong foundation from APX and YZi Labs (formerly Binance Labs) in trading infrastructure and yield strategies.
Platform Upgrades and Incentives
The rebranded platform boasts several improvements:
- A completely redesigned website.
- A better user interface and experience, with easy switching between Simple and Pro modes.
- A new fee structure: Makers pay 0.01%, takers pay 0.035%.
- Deep liquidity thanks to partnerships with top market makers.
- A referral program offering up to 20% commission.
- An upcoming Rh Points Program rewarding traders with points redeemable for future airdrops.
- A $10,000 trading campaign to attract users from other perp DEXs.
Long-Term Vision: A Dedicated Blockchain
Aster’s long-term roadmap includes launching its own Layer 1 blockchain optimized for trading speed and transparency. They will also introduce dedicated blockchain explorers to provide users with clear insights into on-chain activity.
The AST Token
The new AST token will be crucial to the Aster ecosystem, but its launch is planned for later, after the platform’s infrastructure is fully developed.
Beyond Trading: Aster Earn
Aster will continue to offer popular yield products under the “Aster Earn” banner, including asBNB (a BNB liquid staking derivative) and USDF (a yield-bearing stablecoin).
The Future of Aster
More partnerships, airdrop details, and token migration timelines will be announced soon. Aster aims to be the go-to decentralized perpetual exchange, offering a fast, flexible, secure, and community-focused trading experience across multiple blockchains.
