Aster, the perps DEX backed by YZI Labs and Binance's CZ, continues to reach new milestones every day, triggering a price surge for its token ASTER as well.
Aster launched its digital asset on September 17, and since the launch, both the token and the exchange have marked one success after another, drawing attention in the crypto community.
Aster Becomes the No.1 Perp DEX in 24-Hour Trading Volume on September 23
Today, Aster managed to reach the first spot at the top of perp DEXs in terms of 24-hour trading volume, hitting more than $11 billion.
In the past 7 days, Aster reached a volume of over $26 billion, according to data from DeFi Llama. Aster is followed by Hyperliquid with more than $10 billion in 24-hour trading volume and Lighter, with almost $7 billion.
Since September 22, the 24-hour trading volume of Aster has almost doubled.
According to the same data, all Aster products combined, including the Aster Bridge, Perps, Spot, and others, have a TVL of almost $1.5 billion.
The team behind Aster shared its new milestone via X, and also provided details about the funding data for all Pro pep pairs, including the following:
- Real-time funding rate
- Funding rate history
- Funding index
- Funding fee comparison vs CEX
On September 23, the ASTER token debuted a price rally amidst the latest milestones unlocked by the project.
ASTER Price Action on September 23
At the moment of writing this article, ASTER is trading at $1.85, up by over 17% with a market cap of over $3.06 billion. If ASTER continues its ascendant trajectory, it could soon reach a new ATH. The previous ATH was hit on September 21 at $1.97.
The 24-hour trading volume for ASTER is over $2.16 billion, up by almost 13%.
You can buy the ASTER token on the main Aster platform and various crypto exchanges, including BingX and Binance Alpha.
