
Aster Emerges: Astherus Rebrands to Lead Decentralized Perpetual Trading
In a significant move, Astherus has rebranded as Aster, marking a new chapter in the company’s journey towards becoming the leading decentralized perpetual trading platform. This bold transformation reflects the firm’s commitment to providing innovative and user-friendly solutions for traders.
The rebranding effort comes after the merger between Astherus and APX Finance, which has collectively processed over $258 billion in decentralized perpetual trading volume to date. By adopting a new name, Aster aims to establish its distinct identity as a next-generation decentralized perpetual exchange built for everyone.
Aster’s ambition is to lead the DeFi perps market by focusing on perpetual trading, ensuring long-term sustainability through this strategic decision. The company’s roots in APX and YZi Labs provide a solid foundation for both trading infrastructure and yield strategies.
The rebranding also brings significant upgrades to the platform, including a fully redesigned homepage, enhanced trading UI and UX with seamless switching between modes, and a new fee structure featuring a maker fee of 0.01% and taker fee of 0.035%. Moreover, users will have access to deep liquidity provided by top-tier market makers.
To incentivize traders, Aster has introduced a referral program that offers a 20% commission on each referred user, with no limits on the number of referrals. Additionally, the platform is running a special $10,000 trading campaign targeting users from other leading perpetual DEXs.
While the new token ticker, $AST, will play a crucial role in Aster’s ecosystem once its foundation is solidified, the company has prioritized building world-class product infrastructure before listing the token. The introduction of Aster Earn under this brand will continue to support popular yield products, including the BNB liquid staking derivative asBNB and yield-bearing stablecoin USDF.
As Aster moves forward with its new identity, it is committed to fostering a community-first approach, catering to the needs of users on multiple chains (including BNB Chain, Arbitrum, and Solana). The company’s multi-chain support will enable seamless trading across various blockchain networks.
To learn more about Aster’s vision for decentralized perpetual trading, please visit https://asterdex.com or connect with the team through its official X account.
Source: https://cryptopotato.com/aster-emerges-astherus-rebrands-to-lead-decentralized-perpetual-trading/