Aster, the perpetuals DEX backed by YZI Labs, marks new milestones, and its token, ASTER continues its ascendant trajectory. Binance’s CZ remarked once again the project’s success, this time addressing the exchange’s latest milestones.
Aster DEX offers non-custodial trading for all types of traders, making advanced derivatives trading accessible even to beginners, while offering deep-pooled liqiuidity and pro features such as hidden orders. The exchange launched its ASTER token on September 17.
Aster Becomes Second Top BCS-USD Holder
As of September 20, the Aster exchange is the second top holder of BSC-USD, according to data from Arkham Intelligence. BSC- USD is a bridged version of Tether (USDT) on the BNB Smart Chain (BSC) network.
Official data shows that the Aster DEX currently holds over $206 million in BSC-USD, while Binance Hot Wallet currently holds BSC-USD worth $211.49 million.
The third spot at the top of BSC-USD holders is taken by Bitget with over $111 million, followed by Bybit with $100 million, according to Arkham data.
Binance’s founder, CZ, also highlighted the top via an X post on September 19 when Aster’s BSC-USD holdings were over $131 million.
This is not the first time CZ mentions the project. Binance’s founder addressed the impressive price trajectory of the exchange’s token ASTER after its launch which took place on September 17. ASTER continues its ascendant trajectory today as well.
ASTER Price Action on September 20
At the moment of writing this article, ASTER is trading above $0.9, with a market cap of more than $1.49 billion, up by over 50% in the past 24 hours.
ASTER’s 24-hour trading volume is over $705 million, up by almost 75%. Earlier, ASTER reached a new ATH above $0.97.
After its launch on September 17, ASTER token surpassed a market cap of $1 billion in just 24 hours. You can buy ASTER on the official platform, Aster, and exchanges like BingX, Binance Alpha, and others.
