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Aster Token Surges 1,650% on Launch with $345M Trading Volume
Aster Token Debut
- Aster's native token surged 1,650% to $0.528 in the first 24 hours of trading.
- Trading volume reached $345 million, with 330,000 new wallet creations.
- Total value locked increased from $660 million to $1 billion shortly after launch.
- Platform reported 1.848 million total users and a seven-day increase of 617,379 new users.
- Daily trading volume hit $1.50 billion.
- Binance Alpha listing and new perpetual markets introduced within hours.
Feature Rollouts and Trading Tools
- Spot withdrawals enabled on BNB Chain with 30-second processing time.
- ASTER/USDT perpetuals activated with four-times margin.
- Genesis Stage 2 scoring program launched to reward smart traders.
- Top users realized gains exceeding $645,000.
Technical Features and Security
- Multi-chain protocol supports BNB Chain, Ethereum, Solana, and Arbitrum.
- Utilizes zero-knowledge proofs and Pyth Network oracles for trade validation.
- Collateral tokens like asBNB and USDF used for staking and yield earning.
Endorsements and Volume
- Cumulative trading volume listed at $517 trillion with close to $450 million in total TVL.
- Former Binance CEO Changpeng Zhao's endorsement significantly boosted attention and capital influx.

Featured image from Unsplash, chart from TradingView