Decentralized exchange Aster has officially launched the Aster Genesis: Stage 2 points airdrop event and confirmed the date of the long-awaited Token Generation Event (TGE).

In the first phase of the event, 527,224 independent wallets generated a cumulative transaction volume of more than US$37.7 billion over 20 weeks, enabling Aster to obtain nearly 20% of the monthly transaction volume share of the decentralized contract market in just a few months.

Aster CEO Leonard said: "Phase 1 sent a clear signal: traders want more than just access, but speed, composability, privacy, and sustainable capital. Aster is pioneering a new category - allowing users to use yield-generating assets like BNB and USDF as collateral for futures trading, while earning staking rewards and fully unlocking capital efficiency."

Unveiling Aster Genesis: A New Vision for Phase Two

Phase 2 introduces a new points system and updated participation criteria, as well as significant improvements in transparency, with rules based directly on community feedback from Phase 1.

Traders will accumulate points through various means, including trading volume, holding duration, referrals, team bonuses, using asBNB/USDF as collateral, and every profit and loss during the promotion period. Phase 2 will commence immediately, laying the foundation for the token distribution in Q4 2025.

Leonard added, “Phase 2 further strengthens the connection between participation and rewards before the TGE. The new rules are fairer and more incentivized, ensuring all traders have an equal starting point to participate and progress towards the airdrop.”

Over 50% of the total $ASTER supply has been allocated for community airdrops, of which 8.8% (704 million $ASTER) will be unlocked immediately on TGE and distributed to users who earn RH or AU points in the points event.

Users who have previously received Aster Gems through community or partner programs, as well as those who have earned loyalty points through trading on Aster Pro after Stage 1, will also be eligible. Any unclaimed $ASTER will be returned to the "Airdrop" pool for subsequent community rewards.

Milestone towards TGE

Since Spectra, Aster has continued to advance its privacy-first trading vision, launching Hidden Orders, releasing the Aster L1 public blockchain as a foundation for non-custodial private trading, and bringing US stock perpetuals on-chain to enable 24/7 trading.

Aster recently launched its Spot market, becoming a one-stop on-chain trading platform. These milestones pave the way for the TGE, scheduled for September 17, 2025.

$ASTER Airdrop: Focused on Long-Term Success

Aster’s token, $ASTER, is expected to be listed on multiple major exchanges and traded simultaneously on Aster’s own spot market, with collaborative promotional activities to follow.

Leonard said: "$ASTER's community airdrop will take place on the day of the TGE. We've heard comparisons to recent high-profile airdrops, but we're more focused on 'signaling' than 'stunts.' Real participation from Stage 0 to Stage 1 is the core of this design, aiming to give back generously during the TGE."

“With the launch of $ASTER, we officially embark on the next phase of ecosystem growth and decentralized governance.”

Riding the wind and leading the new wave

With $ASTER’s imminent launch, Aster will directly compete with decentralized powerhouses like Hyperliquid, and challenge centralized platforms like Binance and Coinbase. Its core advantages are trader protection and capital efficiency.

Leonard emphasized: "Our next step in growth comes from distribution. Aster will serve as the liquidity layer, collaborating with emerging platforms such as PancakeSwap, Trust Wallet, SafePal, and Four.meme. Our goal is to make the on-chain market seamless, instant, and always online."

As of now, Aster's TVL on 7 EVM chains and Solana exceeds US$350 million, with annualized fee income exceeding US$30 million, and a growth rate of 87.5% so far in 2025.

About Aster

Aster is a next-generation decentralized exchange offering perpetual and spot trading, designed to provide a one-stop on-chain trading platform for global cryptocurrency traders. Features include a MEV-free, one-click execution mode in Simple Mode. A Professional Mode adds 24/7 stock perpetual contracts, hidden orders, and grid trading, available on BNB Chain, Ethereum, Solana, and Arbitrum. A unique advantage lies in the ability to use liquid staking tokens (asBNB) or interest-bearing stablecoins (USDF) as collateral, unlocking unparalleled capital efficiency. Powered by Aster Chain, a high-performance, privacy-focused L1 public blockchain, and backed by YZi Labs, Aster is building the future of DeFi: fast, flexible, and community-first.

For more information, please visit the official Aster website or follow Aster on the official X account .

Disclaimer:

The information provided in this article is for informational purposes only and does not constitute investment advice, endorsement, analysis, or recommendation of any financial instrument, investment, or issuer. This article may contain forward-looking statements, which are inherently subject to risks and uncertainties. Investing in cryptocurrencies and DeFi projects involves significant risks, including the risk of complete loss. This article does not take into account the investment objectives, financial situation, or particular needs of any particular individual. Individuals are strongly advised to consult their legal and financial advisors before making any investment decision.