Aster DEX 2025: Full Review, Features & How to Join
Published: 2025-10-05
Status:
Available
|
Analyzed
Published: 2025-10-05
Status:
Available
|
Analyzed
Predictions from this Video
Incorrect: 0
Prediction
Topic
Status
Aster DEX was strategically launched to capitalize on Hyperliquid's upcoming token unlocks, which are predicted to negatively impact Hyperliquid's price and sentiment.
"Starting this November, Hype faces hundreds of millions in monthly token unlocks that last for 2 years. This has been described by former Hype Whale Arthur Hayes as a quote sword of Damocles hanging over Hyperlid. He suggests that Aster was deliberately ushered into the limelight at Hyperliquid's most vulnerable moment."
Pending
Aster DEX will offer yield-bearing liquid staking derivatives as collateral, unlike Hyperliquid which only accepts USDC.
"Where Hyperliquid currently accepts only USDC as trading collateral, Aster lets you use yieldbearing liquid staking derivatives."
Correct
Aster DEX experienced significant initial growth with a peak daily trading volume of $14 billion, $29 million in fees in a single day, and a TVL increase from $625 million to $2.22 billion within a week.
"Daily trading volume hit $14 billion at one point. They collected $29 million in fees in a single day. TVL went from $625 million to $2.2 2 billion in a week."
Pending
The Aster token (ATA) achieved a 28x increase in value from its launch price.
"The Astera token, meanwhile, did a casual 28x from launch."
Pending
Aster DEX is conducting its airdrop in multiple stages, with stage three available after the completion of stage two on October 5th.
"A is doing multiple rounds of its airdrop. They finished stage one and are wrapping stage two by the 5th of October today, in other words. But good news because there's also a stage three."
Correct
Aster DEX's smart contracts have undergone audits from multiple reputable security firms: CyberScope, Salis Security, Peg Shield, and Halbornne.
"The smart contracts have been audited by CyberScope, Salis Security, Peg Shield and Halbornne."
Pending
Aster DEX has a bug bounty program offering up to $200,000 for the discovery of critical vulnerabilities.
"They're also running a bug bounty program on Immunifi offering up to $200,000 for critical vulnerabilities."
Correct
A configuration error on Aster DEX's perpetual market caused the XPL token to be hard-coded at $1, functioning as a stablecoin shortly after its listing.
"days after AA's per market opened for trading, its listing of Plasma's new XPL token turned into a car crash when someone hard-coded the price index at $1, effectively turning it into a stable coin."
Correct
Aster DEX team addressed a critical listing error promptly, provided transparent communication, and fully reimbursed affected users within hours.
"The team acknowledged the issue immediately, communicated transparently, and fully reimbursed everyone who got liquidated, including fees. The whole thing was resolved in hours."
Correct
Depositing USDT on Aster DEX via Ethereum is expected to incur gas fees between $1 and $3, making it a viable option compared to Arbitrum or BNB Chain.
"On Ethereum, you can expect gas fees of $1 to $3 for deposits on AA, making it a solid pick if you don't feel like storing assets on Arbitum or BNB chain."
Correct
Aster DEX's perpetual trading fees (0.01% maker, 0.035% taker) are lower than those offered by Hyperliquid, dYdX, and Binance Futures.
"Perpetual mode runs 0.01% maker and 0.035% taker. You should probably know that Aster is undercutting basically everyone here. Lower than Hyperlquid, Dydx, and even Binance futures."
Correct
Aster DEX's USDF stablecoin, minted 1:1 with USDT, utilizes delta-neutral arbitrage strategies on Binance, aiming to provide yield to holders with potential APYs reaching double digits during volatile periods.
"The standout feature is USDF, AA's yieldbearing stable coin. You mint USDF by depositing USDT onetoone. Behind the scenes, that USDT gets deployed into delta neutral strategies on Binance. Basically, arbitrage trades that theoretically can't lose money. The yield from these strategies flows back to USDF holders. The APY fluctuates, but has hit double digits during volatile markets."
Pending
Aster DEX offers stock perpetuals for Apple, Nvidia, and Tesla with up to 50x leverage, trading 24/7 and settled in USDT, a feature not commonly found on other decentralized exchanges.
"And another exclusive you won't find on many other dexes is stock per Apple, Nvidia, Tesla with up to 50x leverage trading 24/7 settled in USDT."
Correct
Hyperliquid will face significant monthly token unlocks for two years starting November, which is seen as a potential risk to its market position.
"starting this November, Hype faces hundreds of millions in monthly token unlocks that last for 2 years. This has been described by former Hype Whale Arthur Hayes as a quote sword of Damocles hanging over Hyperlid."
Pending
Aster offers significantly higher leverage (up to 101x) compared to Hyperliquid (up to 40x).
"Where Hyperliquid enables comparatively modest leverage of up to 40x, AA invites you to crank it up to 1,01x."
Correct
Aster achieved significant trading volume ($14 billion daily), fee generation ($29 million daily), and Total Value Locked ($2.22 billion in a week), though the speaker notes much of this was likely airdrop farming.
"Daily trading volume hit $14 billion at one point. They collected $29 million in fees in a single day. TVL went from $625 million to $2.2 2 billion in a week."
Pending
A significant portion of Aster's recent high trading volume is attributed to airdrop farming, with a notable spike preceding a snapshot.
"Most of this is airdrop farming. Right before the last snapshot, volume spiked to $85 billion."
Correct
Aster is conducting its airdrop in multiple stages, with stage three currently underway.
"A is doing multiple rounds of its airdrop. They finished stage one and are wrapping stage two by the 5th of October today, in other words. But good news because there's also a stage three."
Correct
Aster's smart contracts have undergone audits by multiple reputable security firms.
"The smart contracts have been audited by CyberScope, Salis Security, Peg Shield and Halbornne."
Pending
Aster offers a bug bounty program with up to $200,000 for critical vulnerabilities.
"They're also running a bug bounty program on Immunifi offering up to $200,000 for critical vulnerabilities."
Correct
Aster experienced a trading glitch with the XPL token due to a configuration error, leading to liquidations for short traders.
"days after AA's per market opened for trading, its listing of Plasma's new XPL token turned into a car crash when someone hard-coded the price index at $1, effectively turning it into a stable coin. When they lifted a price cap before fixing this, XPL's price on Aster wicked to nearly $4, while its real market price on every other exchange was more like $130. Traders on Aster who were short XPL got liquidated on mass all because of a configuration error."
Correct
Aster's 1001x trading mode has significantly higher fees (0.08% open, 0.08% close) compared to its perpetual mode.
"You're paying 0.08% to open and another 0.08% 08% to close. That's more than double what you'd pay in perpetual mode. On a round trip, you're down 0.16% before the market even moves."
Correct
Aster's 1001x mode has a capped maximum profit of 300-500%, limiting potential gains even with extreme leverage.
"Your maximum profit is capped between 300% and 500% depending on the asset. So even if you nail that perfect 1,0001x trade and Bitcoin doubles while you're leveraged to the eyeballs, there is no way in hell you're getting a 1,000x return. You're getting 5x your risk at best."
Correct
With 1001x leverage on Aster, a mere 0.1% price move against a position will trigger liquidation.
"At maximum leverage, a 0.1% move against you triggers liquidation."
Correct
Aster's perpetual trading mode has competitive fees of 0.01% for makers and 0.035% for takers.
"Perpetual mode runs 0.01% maker and 0.035% taker."
Correct
Aster's trading fees are lower than major competitors like Hyperliquid, dYdX, and Binance Futures.
"Aster is undercutting basically everyone here. Lower than Hyperlquid, Dydx, and even Binance futures."
Correct
Aster's USDF stablecoin, backed by USDT, offers a yield from delta-neutral strategies and has achieved double-digit APYs during volatile periods.
"The standout feature is USDF, AA's yieldbearing stable coin. You mint USDF by depositing USDT onetoone. Behind the scenes, that USDT gets deployed into delta neutral strategies on Binance. The yield from these strategies flows back to USDF holders. The APY fluctuates, but has hit double digits during volatile markets."
Pending
USDF can be used as trading collateral on Aster, allowing margin to earn yield simultaneously.
"You can use USDF as collateral for trading. Your margin is earning yield while backing your positions."
Pending
Aster offers ASBNB, a liquid staking product that provides a 3-5% APY and can be used as collateral.
"There's also a similar concept with ASBNB, liquid staking that earns 3 to 5% APY while serving as collateral."
Pending
Aster offers synthetic futures for stocks like Apple, Nvidia, and Tesla with up to 50x leverage, traded 24/7 and settled in USDT.
"stock per Apple, Nvidia, Tesla with up to 50x leverage trading 24/7 settled in USDT."
Pending