The Good Tech Companies - Aster Emerges: Astherus Rebrands To Lead Decentralized Perpetual Trading

Episode Date: March 31, 2025

This story was originally published on HackerNoon at: https://hackernoon.com/aster-emerges-astherus-rebrands-to-lead-decentralized-perpetual-trading. Astherus, a multi-a...sset liquidity hub backed by YZi Labs (formerly Binance Labs), today announces its official Check more stories related to web3 at: https://hackernoon.com/c/web3. You can also check exclusive content about #web3, #aster, #chainwire, #press-release, #blockchain-technology, #aster-announcement, #crypto-exchange, #good-company, and more. This story was written by: @chainwire. Learn more about this writer by checking @chainwire's about page, and for more stories, please visit hackernoon.com. Aster is a multi-asset liquidity hub backed by YZi Labs (formerly Binance Labs) The rebrand also introduces Aster’s future token ticker $AST, which will replace the current $APX token. Aster is now strategically positioned to challenge industry leaders like Hyperliquid.

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Starting point is 00:00:00 This audio is presented by Hacker Noon, where anyone can learn anything about any technology. Astor emerges. Astoris rebrands to lead decentralized perpetual trading. By Chainwire, MAE, Seychelles, March 31, 2025, Chainwire, Astoris, a multi-acid liquidity hub backed by YZILabs, formerly Binance Labs, today announces its official rebrand to Aster, marking a significant strategic shift toward becoming the leading decentralized perpetuals exchange, Perp's Dex. The rebrand also introduces Aster's future token ticker dollar AST, which will replace the current dollar APX token.
Starting point is 00:00:39 This follows the earlier merger between Asteris and decentralized PERP protocol APX Finance. APX and Asteris have collectively processed over $258 billion in decentralized perpetual trading volume to date. Building on this foundation, Aster introduces two seamless trading modes simple mode, on chain, one-click, MEV-resistant perpetual trading. Pro mode. Advanced order book interface with deep liquidity, extremely low trading fees, and advanced trading tools. Aster is now strategically positioned to challenge industry leaders like Hyperliquid, with a roadmap that includes the integration of zero-knowledge
Starting point is 00:01:16 proofs, a purpose-built layer-1 blockchain, and intent-based architecture to simplify the DeFi trading experience. Greater Than. the rebrand is central to our ambition of leading the DeFi perps market. Our greater than strategic focus on perpetual trading will also ensure Aster's long term greater than sustainability said Dust, a core contributor of Aster. Greater than our roots in APX and YZI Labs gave us a strong foundation in both trading greater than infrastructure and yield strategies.
Starting point is 00:01:45 Aster will continue to prioritize greater than top-tier user experience, liquidity, and security. In line with its rebrand, Aster has significantly upgraded its platform, including a fully redesigned homepage reflecting its new identity, enhanced trading UI and UX with seamless switching between modes. New fee structure. Maker 0.01%, taker 0.035%. Deep liquidity provided in partnership with top-tier market makers. A referral program offering 20% commission, with a tiered system in the works. RH points program, launching within the next two weeks, where traders earn points redeemable
Starting point is 00:02:24 for future airdrops. Welcome all traders to try the platform just like CZ did, with a special $10,000 trading campaign targeting users from other leading PERP DXs. In the long term, Aster is building toward the launch of its own Layer 1 blockchain, optimized for trading performance, and will introduce Aster native blockchain explorers to bring transparency and insight to on-chain trading activity. As part of the rebrand, Aster is introducing a new token ticker, Dollar AST, to represent the platform's evolving identity. While the token listing is planned for the future, Aster's top priority is building
Starting point is 00:03:00 world-class product infrastructure. Dollar AST will play a central role in the ecosystem once the foundation is in place. ASTOR will continue to support ASTHURUS' popular yield products under ASTOR-EARN, including the BNB liquid staking derivative ASBNB and yield bearingstable coin USDF. Further ecosystem partnerships, airdrop details,
Starting point is 00:03:22 and token mapping timelines will be announced in the coming weeks and months. About AST Aster is a next-generation decentralized perpetual exchange built for everyone. It offers MEV-free, one-click trading with up to 1000 1x leverage in simple mode, BNB chain, Arbitrum, and full-featured, pro-grade tools in pro mode, BNB chain, Ethereum, Solana. Backed by YZILabs, Aster is building the future of DeFi, fast, flexible, and community first. Multi-chain. Liquid. Secure.
Starting point is 00:03:56 Users can learn more at https://astrdex.com, or connect with the team on the official X account contact marketing lead Cathy Aster Cathy at ustherus.com. Tip This story was distributed as a release by Chainwire under Hacker Noon's business blogging program. Learn more about the program here, n. Thank you for listening to this Hacker Noon story, read by Artificial Intelligence. Visit hackernoon.com to read, write, learn and publish.

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