ASTER (Aster) 24-hour increase of 3.98%

Gate News Bot Message, December 25th, according to CoinMarketCap data, at press time, ASTER (Aster) is trading at $0.70, up 3.98% in the past 24 hours, with a high of $0.74 and a low of $0.66. The current market cap is approximately $1.755 billion, an increase of $67.2 million from yesterday.

ASTER is a decentralized perpetual contract trading platform dedicated to providing users with multi-chain, highly liquid, secure, non-custodial trading services. Whether you are a cryptocurrency novice or an experienced trader, you can trade and fully control your assets on the platform. Currently, the platform has accumulated 1.94 million users, with a total trading volume of $930 million, open interest of $600 million, and offers 45 trading pairs.

Important recent news about ASTER:

1️⃣ “Humans vs AI” Competition Concludes, Enhancing Platform Visibility and Ecosystem Activity
The large-scale trading competition hosted by the Aster platform officially ended on December 24th. The event attracted 70 human traders competing alongside multiple AI strategies. Although the human team performed slightly worse than the AI camp overall, ProMint won the championship with a profit of $13,600 and a $100,000 prize, simultaneously boosting copy trading activity. The Aster copy trading feature launched on EchoSync allows users to track traders’ performance in real-time. Currently, the top five rankings are all held by human traders, with the top account earning a profit of $44,000. The launch of these derivative features related to the series of events not only increased platform buzz and participation but also strengthened Aster’s competitive edge in the perpetual contract DEX market through differentiated trading tools, attracting more user traffic to the platform.

2️⃣ Up to 80% Fee Buyback Policy and Large-Scale Cash Reward Program Drive Token Value Support
Aster officially launched its 5th phase of the token buyback plan on December 23rd, committing to use 80% of daily fees for ASTER token repurchase, with 40% of that automatically bought back daily, and the remaining 20%-40% reserved for strategic buybacks to respond to market fluctuations. The 4th phase buyback accelerated in early December, completing approximately $32 million in buybacks within eight days, consuming about 90% of the fee income from that phase, demonstrating the platform’s ongoing support attitude. Simultaneously, the $12 million Crystal Weekly Drops reward plan is being conducted over 6 weeks, with the weekly prize pool reaching up to $2 million USDF. Participation requires holding at least 444 ASTER and completing specified trading volume. Additionally, when the platform launched the RTX/USD1 spot trading pair, it also offered $150,000 worth of ASTER rewards and extra RTX rewards, reflecting the platform’s emphasis on ecosystem activity. Through fee buybacks, cash incentives, and new trading pair rewards, the platform effectively maintains market liquidity and participation willingness, providing fundamental support for the price.

3️⃣ Multi-layer Deflation Mechanism and Proprietary Public Chain Development Strengthen Token Value from Supply and Infrastructure Aspects
Aster launched its 5th phase airdrop “Crystal” on December 22nd, distributing 1.2% of the total supply (about 96 million ASTER), the smallest airdrop to date. This phase adopts a two-part structure: 50% of the tokens are immediately claimable, while the remaining 50% must be locked for three months. If users choose to claim early, the unvested portion will be burned, accelerating deflation through a destruction rule linked to early claiming. The 4th phase airdrop ended on December 21st, allowing users to choose to claim 50% immediately or wait until full unlock in April; unclaimed tokens are also burned. The 235.2 million tokens unlocked by the community and ecosystem have been transferred to designated addresses, with the official stating there are no planned expenditures, further alleviating market concerns about concentrated selling pressure. On the infrastructure front, Aster is advancing the development of its Layer-1 public chain, Aster Chain, with testnet expected to launch by late December 2025 and mainnet planned for Q1 2026. Deploying its own blockchain will create a closer link between ASTER tokens and on-chain usage, fee collection, and validator incentives, strengthening the token’s long-term value capture from the bottom-up and supporting both supply and infrastructure.

In the short term, the price rebound of ASTER benefits from the combined effects of the fee buyback policy, large-scale reward activities, and the advancement of its own public chain. These measures not only increase market participation but also effectively manage supply through multi-layer deflation mechanisms, providing strong fundamental support for the price.

This message is not investment advice; please be aware of market volatility risks.