In the fast-paced world of cryptocurrency, few tokens have captured attention as quickly as $ASTER, the native asset of the Aster DEX. On September 20, 2025, a viral post on X announced that $ASTER had shattered the $1.17 billion mark in 24-hour trading volume, purportedly without being listed on the top five centralized exchanges (CEXs). This milestone underscores the token’s rapid ascent since its launch just days earlier on September 17, highlighting the growing appeal of decentralized trading platforms.
Aster DEX, a multi-chain exchange supporting perpetual and spot trading, offers innovative features like up to 1001x leverage, MEV resistance, and ultra-low fees. Backed by YZi Labs and endorsed by former Binance CEO Changpeng Zhao, the platform has drawn significant whale activity through strategies such as funding fee arbitrage. Partnerships with entities like PancakeSwap have further bolstered its ecosystem, contributing to a total value locked exceeding $677 million following recent upgrades.
The token’s performance has been nothing short of spectacular, with prices surging to around $1.59 USD amid over 100% gains in a single day and weekly increases topping 1,000%. While the X post emphasized the absence of top-tier CEX listings, data reveals $ASTER is now traded on major platforms including Binance, Bybit, and OKX, which rank among the leading exchanges by volume. This suggests the volume surge may stem from a mix of DEX activity and emerging CEX integrations, pushing the market cap into the billions.
As $ASTER continues to evolve from its roots in the merger of Astherus and APX Finance, it positions itself as a formidable player in DeFi. Investors are watching closely for potential future listings and upgrades that could propel it even higher in this volatile market.
