Gate News Bot Message, February 12 — According to CoinMarketCap data, at the time of publication, ASTER (Aster) is trading at $0.70, up 9.55% in the past 24 hours, with a high of $0.72 and a low of $0.42. The 24-hour trading volume reached $279 million. The current market capitalization is approximately $1.734 billion, an increase of $151 million from yesterday.
Aster is a next-generation decentralized perpetual contract trading platform that offers all traders a non-custodial trading experience. The platform supports cross-chain trading without the need for bridge switching, allowing users to select the chain and place orders directly. Aster provides deep liquidity support, aggregating rich liquidity across markets to facilitate large trades. The platform features advanced tools such as hidden orders, giving traders greater control and a competitive edge. Additionally, ASTER supports up to 100x leverage trading of US stocks, settled entirely in cryptocurrency without bridging. Currently, the platform covers 45 trading pairs, with a total trading volume exceeding $1.03 trillion, over 2.31 million users, a total open interest of $460 million, and a TVL of $280 million.
Important recent news about ASTER:
1️⃣ Platform innovation drives trading activity
Aster launched the Rocket Launch feature, providing liquidity support and trading reward mechanisms for early-stage crypto projects. This feature expands the platform’s ecosystem applications, helping attract more projects and traders, thereby increasing overall trading activity and user engagement.
2️⃣ Institutional-level trading experience enhances market positioning
The platform aims to create the best on-chain trading experience by offering advanced features such as hidden orders, seamless cross-chain trading, and 100x leverage US stock trading, to meet the diverse needs of professional traders and institutional investors. This differentiated functionality helps strengthen the platform’s position in the DEX competition.
3️⃣ Growing demand for large trades
Current open interest is $460 million, TVL is $280 million, total trading volume exceeds $1.03 trillion, and the user base surpasses 2.31 million. These metrics reflect the platform’s significant advantages in attracting and supporting large trades, with the effects of deep liquidity support becoming evident.
This message is not investment advice. Please be aware of market volatility risks when investing.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Boris Johnson criticizes Bitcoin as a Ponzi scheme, with crypto industry leaders collectively refuting the claim
Former British Prime Minister Boris Johnson characterized Bitcoin as a "Ponzi scheme" and warned investors, particularly elderly individuals, to exercise caution using personal examples. Industry figures such as Michael Saylor quickly refuted the claim, pointing out that Bitcoin lacks a centralized operator, which is a key characteristic of Ponzi schemes. These remarks sparked widespread discussion and reignited controversy over the definition of Bitcoin.
MarketWhisper46m ago
BTC breaks through 74,000 USDT, intraday gains of 1.65%
Gate News: On March 16, Bitcoin price broke through 74000 USDT, now trading at 74011.11 USDT, with a daily gain of 1.65%.
GateNews1h ago
BTC breaks through $74,000, 24-hour gain of 3.61%
Gate News reports that on March 16, according to Gate market data, BTC/USDT is now trading at $74,001.9, with a 24-hour increase of 3.61%.
GateNews1h ago
Venus Protocol Hit by "Liquidation Bomb" Attack: Hacker Disguised as Normal Operations for 9 Months, Created $2.15 Million Bad Debt
BNB Chain's lending protocol Venus Protocol fell victim to a hacker attack on March 16 that had been planned for 9 months, ultimately resulting in the extraction of approximately $5.07 million in assets and causing $2.15 million in bad debt. The attacker manipulated the price of THE token to trigger liquidations, and Venus responded by reducing collateral factors across multiple markets, highlighting the risks DeFi protocols face with low-liquidity tokens.
動區BlockTempo1h ago
OTC Giant BlockFills Files for Bankruptcy! $75 Million Lending Loss, Assets of 2,000 Institutional Clients Frozen
BlockFills, a Chicago-based cryptocurrency OTC trading platform, has filed for Chapter 11 bankruptcy protection due to $75 million in lending losses and has suspended customer withdrawals, leaving approximately 2,000 institutional clients in distress. Following the CEO's departure, creditors have filed lawsuits, the court has frozen certain assets, and experts believe the company is headed directly toward insolvency.
動區BlockTempo1h ago
Strait of Hormuz shipping crisis impacts industrial metals, BTC reclaims $71,300
Middle East tensions escalate as U.S. military takes action against Iranian energy facilities. Iran warns of retaliation, Strait of Hormuz transit volume declines, shipping risks rise, and aluminum supply chains tighten. U.S. 2022 GDP revised down to 0.7%, PCE remains at 3.1%, and the job market stays resilient. In the crypto market, BTC returns to the key level of 71,300 dollars.
GateNews1h ago
