Aster’s TGE: Privacy-First Trading’s Big Bet on the Future

Aster’s next era has officially begun with the launch of its Airdrop Points Stage 2 campaign and the countdown to its Token Generation Event (TGE) accelerating. The decentralized perpetuals exchange, known for its privacy-focused trading infrastructure, has marked significant progress in both user engagement and market share within the decentralized exchange (DEX) sector. According to the latest update, Stage 1 of the airdrop campaign saw 527,224 unique wallets collectively amassing over $37.7 billion in trading volume across 20 weeks, indicating a strong adoption trend in the emerging DEX space. Within just a few months, Aster has captured nearly 20% of the entire perpetual DEX market in terms of monthly trading volume, a testament to its growing influence in the decentralized finance (DeFi) ecosystem.

Stage 2 of Aster’s Genesis airdrop introduces a revised points system, designed to enhance fairness and user engagement based on feedback from Stage 1. Participants earn points through various metrics, including trading volume, position holding time, referral activities, and the use of Aster’s asBNB and USDF as margin. Additionally, every profit or loss realized during the event contributes to the points tally. This stage is expected to run through the end of 2025, leading up to the token distribution phase. As part of the airdrop strategy, over 50% of $ASTER’s total token supply has been reserved for community airdrops, with 8.8% (704 million $ASTER) set to be unlocked at TGE for participants who earned Rh or Au points from previous campaigns. Furthermore, users who traded on Aster Pro and earned loyalty points post-Stage 1, as well as those receiving Aster Gems from community and partner initiatives, will also be eligible for the distribution.

Aster’s TGE is scheduled for September 17th, 2025, marking a pivotal milestone in the project’s roadmap. In preparation, the platform has introduced several key advancements, including Hidden Orders for enhanced privacy and the Aster L1 Chain, a non-custodial execution layer designed to bolster security and transparency. The launch of 24/7 stock perpetuals and Spot markets has also positioned Aster as a comprehensive on-chain trading destination. These developments align with the project’s vision to offer a privacy-first and user-centric trading experience, distinguishing it in a competitive DEX landscape.

The $ASTER token is anticipated to be listed on major exchanges, including Aster’s own spot markets, with coordinated launch promotions expected to follow. Leonard, Aster’s CEO, emphasized the project’s focus on fostering authentic participation and rewarding engagement over spectacle, aligning with the broader ethos of decentralization and community-driven governance. The token is expected to play a multifaceted role in the ecosystem, potentially offering governance rights, fee reductions, and staking rewards, although the full tokenomics details have not yet been disclosed.

Aster’s TGE is poised to significantly impact the DeFi sector, particularly in the decentralized derivatives market. The event represents a strategic step in empowering the platform’s user base and expanding its reach within the broader crypto ecosystem. As more decentralized platforms emerge, the TGE not only benefits Aster but also contributes to the maturation and diversification of DeFi services. With increased visibility and accessibility, Aster aims to solidify its position as a leading force in the decentralized perpetuals trading space.

With the TGE approaching, the community remains focused on the potential for broader adoption and ecosystem growth. The token’s integration into the platform is expected to enhance user utility and drive further innovation in privacy-focused trading. As the project moves into its next phase, all eyes are on the September 17th launch, which could mark a turning point for Aster and its role in the evolving DeFi landscape.

Source:

[1] Aster's next era begins: Airdrop points stage 2 live, TGE (https://cryptobriefing.com/asters-next-era-begins-airdrop-points-stage-2-live-tge-countdown-begins/)

[2] Astar TGE: Unveiling the Monumental ASTER Token Generation Event on September 17th (https://www.mexc.com/bg-BG/news/astar-tge-unveiling-the-monumental-aster-token-generation-event-on-september-17th/88602)