{"id":21436,"date":"2025-11-12T17:29:23","date_gmt":"2025-11-12T17:29:23","guid":{"rendered":"https:\/\/investx.fr\/en\/?p=21436"},"modified":"2025-11-13T09:30:29","modified_gmt":"2025-11-13T09:30:29","slug":"discover-aster-complete-guide-dex-native-token","status":"publish","type":"post","link":"https:\/\/preprod.investx.fr\/en\/crypto-investing\/exchange\/aster\/","title":{"rendered":"Discover Aster: A Complete Guide to This New DEX and Its Native Token"},"content":{"rendered":"\n

What is Aster?<\/h2>\n\n\n\n

Aster<\/strong><\/a> is a next-generation decentralized exchange (DEX)<\/a><\/strong> specializing in perpetual contract trading<\/strong> and spot trading. Launched in 2025, the platform is the result of a strategic merger between two entities with complementary expertise: Astherus Finance<\/strong>, recognized for its yield products, and APX Finance<\/strong>, appreciated for its robust derivatives trading infrastructure.<\/p>\n\n\n\n

This union has created a unified platform that aims to combine the best of both worlds: a simplified and accessible user experience, while offering advanced trading <\/a>tools and deep liquidity.<\/p>\n\n\n

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The fundamental principle of Aster<\/strong> is based on non-custodial trading<\/strong>, which means users maintain complete control of their assets at all times, without ever having to deposit them with intermediaries like Binance<\/a>, Coinbase<\/a>, etc. The platform operates on multiple blockchains<\/a>, providing greater flexibility by avoiding the complexities of fund transfers between different networks (bridging) for traders.<\/p>\n\n\n\n

With over 6 million users<\/strong>, a TVL of $1.18 billion<\/strong> and cumulative volumes exceeding $3 trillion<\/strong>, Aster is rapidly establishing itself as a major player in the sector.<\/p>\n\n\n\n

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Start trading on the Aster platform!<\/a><\/div>\n<\/div>\n\n\n\n

How does a DEX work?<\/h3>\n\n\n\n

Before exploring Aster’s specifics in more detail, it’s essential to understand how a decentralized exchange (DEX)<\/strong> operates. Unlike centralized platforms (CEX) like Bitget<\/a>, which act as trusted third parties to manage user orders and funds, a DEX operates directly on the blockchain. Transactions are executed peer-to-peer via smart contracts<\/strong>, autonomous programs that apply exchange rules transparently and immutably.<\/p>\n\n\n\n

DEXs primarily use two models to ensure liquidity: the order book<\/strong>, similar to traditional exchanges, and the Automated Market Maker (AMM)<\/strong>. Aster combines these approaches to offer both a professional trading interface with order books and a simplified experience based on on-chain liquidity. You only need a personal wallet to trade on this type of exchange.<\/p>\n\n\n\n

The team behind Aster<\/h2>\n\n\n\n

The identity of the main team behind Aster<\/strong> remains discreet, a common practice in the decentralized finance ecosystem that often favors anonymity or pseudonyms.<\/p>\n\n\n\n

However, the project’s genesis is well known: Aster<\/strong> was born from the merger between Astherus Finance and APX Finance in late 2024<\/strong>. This alliance allowed capitalizing on the respective strengths of both projects. Astherus Finance<\/strong> was primarily recognized for its innovative yield-generating products, particularly in the liquid staking <\/a>domain. APX Finance<\/strong> had built a solid reputation through its high-performance infrastructure dedicated to perpetual contract trading.<\/p>\n\n\n\n

What is the connection between CZ and Aster?<\/h3>\n\n\n\n

The name Aster<\/strong> truly exploded on the international scene in early November 2025, following an announcement by Changpeng Zhao (CZ)<\/strong>, the charismatic founder and former CEO of Binance. In a post on social network X, CZ revealed he had personally invested in the project by purchasing more than 2 million ASTER tokens<\/strong> for approximately $2.5 million<\/strong>. He specified this was a long-term investment rather than a speculative trading operation.<\/p>\n\n\n

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This declaration, coming from one of the industry’s most influential figures, had an immediate and spectacular effect. The ASTER<\/strong> token price surged in the hours that followed, and daily trading volume jumped from a few hundred million to over $2 billion<\/strong>. This event not only thrust Aster<\/strong> into the spotlight but was also interpreted by many as a major confidence signal in the project’s potential.<\/p>\n\n\n\n

Following the high volatility generated by his announcement, CZ later declared he would refrain from publicly communicating about his personal investments in the future.<\/p>\n\n\n\n

Aster’s features<\/h2>\n\n\n\n

To stand out in such a competitive sector, Aster<\/strong> focuses on a range of features designed to attract both novice and seasoned professional traders. The platform structures its offering around several major pillars.<\/p>\n\n\n\n

First, Aster<\/strong> offers three distinct trading modes to adapt to different user profiles.<\/p>\n\n\n\n