CoinMarketCap says it has implemented support for the platform Aster Dex after a successful token generation event. The event brought $aster tokens to the market, but is now trading against USDT on Aster Spot. This is an important move towards wider recognition of the new Defi project.
Launch details
The token officially launched at 12:00 UTC on September 17, 2025. The next day, CoinmarketCap announced the event. The company confirmed it is a launch partner. This is support that has already made Aster visible to global traders and investors. During the hours after the launch, we could observe that $Aster began to attract attention. Trade prices rose sharply and activity increased. When I last quoted, the token has a valuation of around 20 cents, trades in large quantities every day, and has a market capitalization of over $300 million. It also saw a surge in placing 200 on Coin Market Cap’s coin list within a day.
Aster Dex has implemented a massive airdrop to promote early adoption. Qualified users were given $700 million or more $Aster tokens. The billing window is free until October 17th, 2025, with withdrawals beginning on October 1st. The intention behind the distribution is to distribute tokens as much as possible, establishing a solid foundation for holders early on.
What Aster Dex offers
Aster Dex is a permanent, trading-oriented, decentralized trading platform. The platform offers up to 100 times more leverage in over 50 crypto markets. We also withdraw collateral for multi-assets. This allows users to trade using liquid staking tokens and stable tokens. The platform is more efficient as liquidity is brought together through the chain. The project is built on an Aster Chain, a Layer 1 network specific to speed and privacy. Astrtoken will be involved in the development of governance, reward systems and ecosystems in the long run. There is also a mobile application that allows traders to integrate their wallets and handle positions within the app.