Aster has announced the launch of Stage 2 of its token airdrop campaign in anticipation of its upcoming token generation event. This initiative aims to attract new traders and improve engagement with its existing audience.
First Phase of Aster Initiative
The first stage of the Aster Genesis campaign lasted 20 weeks and attracted 527,224 unique wallets with a trading volume exceeding $37.7 billion. The platform has managed to capture almost 20% of the perpetual DEX market share based on monthly trading volume.
Launch of Stage 2 and Airdrop Details
Stage 2 introduces new metrics for points accumulation based on trading volume, position holding time, and other user activities. The focus is on fairness and incentivizing active user participation, made possible by community feedback.
Market Competition and Aster's Future Goals
With the launch of the $ASTER token, Aster aims to compete with major decentralized projects like Hyperliquid and centralized platforms such as Binance and Coinbase. The platform will focus on trader protection and enhancing capital efficiency in its operations.
Aster is gearing up for the launch of the second phase of the Aster Genesis campaign and the Token Generation Event, set for September 17, 2025, paving the way for new opportunities in decentralized trading.