Decentralized futures exchange Aster is entering a new era in its ecosystem, developed with the support of YZi Labs, which was renamed from Binance Labs, Binance's investment arm.
The platform, which stands out as a competitor to Hyperliquid, announced that it has officially launched the ASTER Token Generation Event (TGE) on September 17, 2025.
As part of this initiative, 704 million ASTER tokens will be airdropped to users participating in Aster's rewards program. The TGE also marks the start of the second phase of Aster Genesis.
The Aster team stated, “Aster is entering a new era. With the TGE and Genesis: Phase 2 program, we are opening a new chapter in the on-chain trading experience.”
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The second phase of Genesis will continue to feature Aster's reward system, Rh points. However, this time, instead of just volume, a multi-dimensional scoring system will be implemented:
- Trading Volume Score: As trading volume increases, more RH points are earned. Takers will earn twice as many points as Makers.
- Asset Holding Time Score: The longer the positions are held, the more points will be earned.
- Aster Asset Holding Score: Using Aster assets like asBNB or USDF as collateral will earn additional points.
- Realized Profit Score: Daily realized profits and losses (excluding funding fees) will be included in the score.
RH points will be calculated weekly and updated using the T+1 day logic. Additionally, points will be capped at twice the weekly trading volume. With the new period, Aster aims to reward users not only for their trading volume but also for their strategic trading performance.
*This is not investment advice.
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