Binance announced on Monday that it will list Aster/USDT, Aster/USDC, Aster/Try pair Aster (Aster) and Open Spot Trading at UTC on October 6th. The deposit opens three hours in advance and the withdrawal continues the next day.
The list marks graduations from Astor’s Vinanence Alpha to major spot markets. Analysts say Binance’s support could boost confidence and strengthen scrutiny of Defi trading practices.
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Aster graduates from Alpha to Spot
Aster previously appeared at Binance Alpha, a venue for pre-listing experimental tokens. Binance moves all balances from Alpha to Spot within 24 hours. Exchange applied seed tags and warned that early stage tokens were volatile and that risk quiz updates may be required every 90 days.
The list comes even in Binance’s optimism about the ecosystem. Binance Coin (BNB) recently hit a new all-time high of nearly $1,223 after a profit of 21% per week. Founder Changpeng Zhao’s net worth has risen to $87.3 billion, reflecting the scale of exchange growth as listings expand.
Laundry trade claims and controversy
Their debut follows weeks of scrutiny. Analytics Platform Defillama deleted Aster’s persistent trading data after discovering that the reported volumes almost accurately reflected Binance’s Perps.
Defillama Builder 0xngmi said in X, “Aster doesn’t allow you to get low-level data, such as creating and filling orders.” He added that Aster’s volumes will remain obsolete until such data is confirmed to see if a washing transaction occurs.
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Aster announced the end of the Genesis phase of Stage 2 and the start of Stage 3 Dawn. Through the Zero Fee Campaign, users can now charge $ASTER AirDrops or refund transaction fees. The team said future airdrops will be distributed evenly throughout the epoch, avoiding previously seen confusion.
Influencer Lynk0X said they were offered $250,000 to promote them without disclosure. He claimed that several key opinion leaders accepted similar deals. In some posts, we compared Aster’s airdrop allocation to the “dark pool” system. Each epoch received 1% of the supply, reducing the rewards of subsequent participants.
Mooon Rock Capital’s Simon Deutic criticized Astor’s insider allocation and hype-driven model as a “crime ponzi playbook.” The above CEO, Joshua Tobkin, said the exchange “behaves more like CEX than DEX.”
Whale is optimistic
Despite the controversy, Beincrypto reported that the whales had withdrawn more than 118 million asters (approximately $270 million) from the exchange before the listing. Supporters view accumulation and support for vinance as a sign of new confidence that could rekindle market attention.
Bitwise analyst Max Shannon told Beincrypto that the decentralized exchange market is huge and could grow rapidly as DEX gains share from its centralized platform.
“CEXS has processed roughly $16 trillion in transactions over the past year,” Shannon said. “Leverage and trading churn increase sales, so permanent DEX volumes can grow faster than spots. If market share rises from 30% to 50%, annual DEX volumes could exceed $20 trillion within five years. 75% could reach $30 trillion.”
He added that support regulations, ridiculous recruitment, upcoming exchange IPOs and institutional influx will strengthen that outlook.
Aster’s move to the Binance Spot Rebuilds Trust is whether it depends on its ability to validate transaction data and maintain liquidity. For now, the token reflects the defi paradox: transparency of problems and speculation.
