Aster's next era begins: Phase 2 of the Points Airdrop is live, and the TGE countdown begins.

Aster has launched Phase 2 of its Aster Genesis points airdrop and announced its Token Generation Event (TGE) for September 17, 2025. This follows a highly successful first phase where over 527,000 unique wallets generated $37.7 billion in trading volume.

New Airdrop Mechanics: Phase 2 introduces a revised points system based on community feedback. Users can earn points through trading volume, holding time, referrals, team bonuses, and by using yield-generating assets like asBNB and USDF as collateral.
Substantial Token Allocation: Over 50% of the total $ASTER supply is allocated for community airdrops. 8.8% (704 million $ASTER) will be unlocked immediately at TGE for users who earned points in the rewards program, with eligibility extended to participants from partner and loyalty programs.
Strategic Growth & Competition: With a TVL exceeding $350 million, Aster is positioning itself to compete with major decentralized and centralized exchanges. Its core advantages include privacy-focused trading, capital efficiency, and serving as a liquidity layer through partnerships with platforms like PancakeSwap and Trust Wallet.

Decentralized exchange Aster has officially launched the Aster Genesis: Stage 2 points airdrop event and confirmed the date of the long-awaited Token Generation Event (TGE).

During the first phase of the campaign, 527,224 independent wallets generated a cumulative trading volume of over $37.7 billion over 20 weeks, enabling Aster to capture nearly 20% of the monthly trading volume share of the decentralized perpetual contract market in just a few months.

Aster CEO Leonard said: "Phase 1 sends a clear signal: traders want more than just access, but speed, composability, privacy, and sustainable capital. Aster is pioneering a new category - allowing users to use yield-generating assets like BNB and USDF as collateral for futures trading, while earning staking returns, thereby fully unlocking capital efficiency."

Unveiling Aster Genesis: A New Vision for Phase Two

Phase 2 introduces a new points system, updated participation criteria, and significant improvements in transparency; the rules are directly based on community feedback from Phase 1.

Traders will accumulate points through various means, including trading volume, holding time, referrals, team bonuses, using asBNB/USDF as collateral, and every profit and loss during the promotion period. Phase 2 will commence immediately, laying the foundation for the token distribution in Q4 2025.

Leonard added: “Phase 2 further strengthens the link between participation and rewards before the TGE. The new rules are fairer and more incentivized, ensuring that all traders have an equal starting point to participate and compete for airdrops.”

Over 50% of the total $ASTER supply has been allocated for the community airdrop, of which 8.8% (704,000,000 $ASTER) will be unlocked immediately on the TGE and distributed to users who earned RH or AU points through the rewards program. Additionally, users who received Aster Gems through community and partner programs, as well as those who earned loyalty points through trading on Aster Pro after Stage 1, will also be eligible. Any unclaimed $ASTER will be returned to the "Airdrop" allocation pool for subsequent community incentives.

Milestone towards TGE

Since Spectra, Aster has continued to advance its privacy-first trading vision, launching Hidden Orders, releasing the Aster L1 public blockchain as a foundation for non-custodial private trading, and bringing US stock perpetuals on-chain to enable 24/7 trading.

Aster recently launched its Spot market, striving to become a one-stop on-chain trading platform. These milestones together lay a solid foundation for the TGE, scheduled for September 17, 2025.

$ASTER Airdrop: Aiming for Long-Term Success

Aster’s token, $ASTER, is expected to be listed on multiple major exchanges and will be traded simultaneously on Aster’s own spot market, followed by a series of collaborative promotional activities.

Leonard said: "$ASTER's community airdrop will take place on the day of the TGE. We've heard comparisons to recent high-profile airdrops, but our focus is on signaling, not hype. Real participation from Stage 0 to Stage 1 is the core of our goal of giving back generously and fairly during the TGE."

“With the launch of $ASTER, we are officially entering the next phase of ecosystem growth and decentralized governance,” Leonard added.

Riding the wind and leading the new wave

With $ASTER's upcoming launch, Aster will directly compete with decentralized powerhouses such as Hyperliquid and challenge centralized platforms such as Binance and Coinbase. Its core advantages lie in the protection of traders and the improvement of capital efficiency.

Leonard emphasized, “Our next phase of growth will come from distribution. Aster will serve as the liquidity layer, partnering with emerging platforms like PancakeSwap, Trust Wallet, SafePal, and Four.meme to make the on-chain marketplace a seamless, instant, and always-on experience.”

As of this writing, Aster’s total value locked (TVL) across seven EVM chains and Solana has exceeded $350 million, with annualized fee revenue exceeding $30 million, representing an 87.5% growth rate so far in 2025.

About Aster

Aster is a next-generation decentralized exchange offering perpetual and spot trading, designed to provide a one-stop on-chain trading platform for global cryptocurrency traders. Features include a MEV-free, one-click execution mode in Simple Mode. A Professional Mode adds 24/7 stock perpetual contracts, hidden orders, and grid trading, available on BNB Chain, Ethereum, Solana, and Arbitrum. A unique advantage lies in the ability to use liquid staking tokens (asBNB) or interest-bearing stablecoins (USDF) as collateral, unlocking unparalleled capital efficiency. Powered by Aster Chain, a high-performance and privacy-focused L1 public blockchain, and backed by YZi Labs, Aster is building the future of DeFi: fast, flexible, and community-first.

For more information, please visit the official Aster website or follow Aster on the official X account .