According to recent news, Aster decentralized exchange has launched a new asset category—perpetual contracts for stocks, providing traders access to major U.S. companies.
Overview of New Contracts
Traders can now gain access to stocks from giants like Amazon, Apple, Microsoft, and Tesla, with up to 50x leverage. This allows investing in stocks without the traditional brokerage restrictions.
Benefits of Trading Without Intermediaries
Aster offers 24/7 access to stock markets without the need for registration or paperwork. Although liquidity may be lower outside active stock market hours, traders can still open and manage positions anytime.
The Future of Aster and DeFi
The launch of stock perpetual contracts is a significant milestone for Aster, which aims to bridge traditional and decentralized finance. Aster's CEO, Leonard, stated: "Aster is about breaking down barriers between asset types and outdated trading infrastructures."
Aster's new stock perpetual contracts represent a crucial step in the evolution of decentralized finance, offering traders new opportunities and conveniences in dealing with stocks.
