The decentralized exchange platform Aster has officially launched Aster Genesis: Stage 2 token airdrop event, while also confirming the long-awaited Token Generation Event (TGE) date.
In the first-stage event, 527,224 unique wallets generated over $37.7 billion in trading volume over 20 weeks, allowing Aster to quickly capture nearly 20% of the decentralized smart contract market's monthly trading volume share in just a few months.
Aster CEO Leonard stated, "The first stage delivered a clear signal: traders want not just access, but speed, composability, privacy, and capital that operates sustainably. Aster is pioneering a new category—allowing users to use interest-bearing assets like asBNB and USDF as collateral for contract trading, while earning Staking rewards, fully unleashing capital efficiency."
The second stage introduces a brand-new points system and updated participation standards, with significantly increased transparency, and rule-making directly based on community feedback from the first stage.
Traders will accumulate points through various means, including: trading volume, holding duration, referral invitations, team bonuses, using asBNB/USDF as collateral, and every profit and loss during the event. The second stage is immediately launched to lay the foundation for the 2025 Q4 token distribution.
Leonard further explained, "The second stage further strengthens the connection between participation and rewards before the TGE. The new rules are fairer and more incentivized, ensuring that all traders can participate on the same starting line and move towards the airdrop."
Over 50% of the $ASTER total supply has been allocated for community airdrops, with 8.8% (7.04 billion $ASTER) unlocking immediately on TGE day to be distributed to users who have earned Rh or Au points in the points activity.
Additionally, users who have acquired Aster Gems quotas through community or partner plans, as well as those who traded on Aster Pro post-Stage 1 and earned loyalty points, will also be eligible. Any unclaimed $ASTER will be returned to the "Airdrop" pool for future community rewards.
Since Spectra, Aster has been advancing its privacy-first transaction vision, introducing Hidden Orders, launching the Aster L1 public chain as a non-custodial private transaction infrastructure, and bringing Stock Perpetuals on-chain for 24/7 trading.
Recently, Aster has also launched a Spot market, becoming a one-stop on-chain trading platform. These milestones collectively set the stage for the upcoming TGE scheduled for September 17, 2025.
The Aster token $ASTER is expected to be listed on multiple mainstream exchanges, trade simultaneously on the Aster-owned Spot market, and have subsequent cooperative promotional activities.
Leonard stated, "The $ASTER community airdrop will take place on the day of the TGE. We have heard comparisons to recent high-profile airdrops from the community, but we focus more on 'signal' rather than 'hype.' Genuine participation from Stage 0 to Stage 1 is the core of the design approach to generously reward during the TGE."
"With the issuance of $ASTER, we are officially embarking on the next phase of ecosystem growth and decentralized governance."
With the imminent launch of $ASTER, Aster will directly compete with decentralized powerhouses like Hyperliquid and challenge centralized platforms such as Binance and Coinbase, with its core strengths being trader protection and capital efficiency.
Leonard emphasized, "Our next growth comes from distribution. Aster will serve as a liquidity layer, partnering with emerging platforms like PancakeSwap, Trust Wallet, SafePal, and Four.meme, aiming to make on-chain markets seamless, real-time, and permanently online."
As of now, Aster's TVL on 7 EVM chains and Solana exceeds $350 million, with an annualized fee revenue exceeding $30 million and a growth rate of 87.5% year-to-date in 2025.
Aster is a next-generation decentralized exchange that offers perpetual and spot trading, aiming to provide a one-stop on-chain trading venue for global cryptocurrency traders. Its features include MEV protection, one-click execution in simple mode. Professional mode introduces 24/7 stock perpetual contracts, hidden orders, and grid trading, available on BNB Chain, Ethereum, Solana, and Arbitrum. Its unique advantage lies in the ability to use liquidity staked tokens (asBNB) or interest-bearing stablecoins (USDF) as collateral, unleashing unparalleled capital efficiency. Aster is powered by the high-performance and privacy-focused L1 blockchain Aster Chain and backed by YZi Labs, shaping the future of DeFi: fast, flexible, community-driven.
For more information, please visit the Aster official website, or follow Aster on official X account.
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