Astherus has announced an official rebrand to Aster, marking a strategic shift to become a leader in perpetual decentralized exchanges. Key updates include a new token designation and strategic realignment.
Rebranding Significance
Astherus, backed by YZi Labs, is now Aster. This move accompanies the company's shift towards leading decentralized perpetual exchanges (perps DEX). The new token ticker $AST will replace the current $APX. Astherus and APX Finance have previously merged, collectively processing over $258 billion in trading volume.
New Platform Features
Aster introduces two trading modes: Simple Mode with on-chain, one-click MEV-resistant trading, and Pro Mode with advanced tools. The update also includes a new interface, fee structure, significant liquidity improvement, and referral program. Rh Points program launch is imminent, enabling traders to earn points for future airdrops.
Future Development Plans
Long-term plans include launching an L1 blockchain optimized for trading, integrating zero-knowledge proofs, and enhancing the DeFi experience. Yield products like asBNB and USDF remain available under Aster Earn, with announcements of new partnerships and airdrop details forthcoming.
Aster is poised to introduce innovations in the decentralized exchange sector, leveraging its experience and backing. With a focus on quality and security, the platform offers a rich suite of features for traders and opens new horizons in financial technology.