Overview
Aster is a decentralized perpetual trading platform born in 2025 from the merger of Astherus and APX Finance. Backed by YZi Labs, it offers ultra-low fees, deep liquidity, and a multi-chain setup supporting Ethereum, BNB Chain, Arbitrum, and Solana.
What is Aster
Aster is the evolution of Astherus with added features from APX Finance. The combined infrastructure processed billions in trades before rebranding. The platform now supports decentralized perps with leverage up to 1001x and even equity perps settled in crypto, setting it apart from other DEXs.
Trading Experience and Modes
Two trading modes cater to different users. Simple Mode is quick and MEV-resistant, perfect for casual traders. Pro Mode features a full order book, hidden orders, and advanced tools for those who need precision and privacy. Liquidity is aggregated across chains, keeping spreads tight and execution stable.
Fees and Liquidity
Fees are among the lowest in DeFi—0.01% for makers and 0.035% for takers. With aggregated liquidity from multiple sources, even large trades clear smoothly without excessive slippage.
Security and Governance
Aster is fully non-custodial, meaning users always hold their funds. Simple Mode blocks MEV attacks, while Pro Mode hides orders. Governance is community-driven, with YZi Labs steering development. The roadmap includes zk-proofs and a custom Layer-1 chain to improve scalability and security.
Cross-Chain Usability and Staking
Cross-chain trading works seamlessly without manual bridging. Users can stake asBNB, use USDF, and provide liquidity via Aster ALP to earn extra yield. Legacy staking products from the old platform remain available, keeping yield opportunities alive.
Interface and Tools
Simple Mode has a clean, user-friendly layout, while Pro Mode delivers advanced charting, order management, and APIs for algorithmic strategies. Referral programs, Rh Points loyalty rewards, and trading campaigns keep user engagement high.
Pros and Cons
- Pros: Ultra-low fees; Deep liquidity across multiple chains; Two modes for different traders; Hidden orders for privacy; Non-custodial setup; Staking and yield products available.
- Cons: New platform compared to established DEXs; High leverage is risky for beginners; AST token utilities still rolling out; Some roadmap features not live yet.
Who Will Like Aster
Casual traders will enjoy Simple Mode’s ease and high leverage. Pro traders benefit from hidden orders and advanced tools. Yield seekers gain from staking and liquidity rewards. Multi-chain users appreciate not having to deal with bridges.
What’s Next
The roadmap includes expanding AST token use, more rewards, and a Layer-1 network optimized for high-frequency trading. Zero-knowledge proofs and transparency tools are also on the way to strengthen the platform’s position.
Final Thoughts
Aster combines low fees, privacy, and multi-chain liquidity in a single platform. It’s young but ambitious, offering both simplicity and advanced tools. With fast development and community governance, it has strong potential in the decentralized perps market.