Backed by influential figures like Changpeng Zhao (CZ), the former Binance CEO, $ASTER quickly positioned itself as a challenger to established platforms like Hyperliquid. $ASTER airdrop season 2 is making waves in the crypto market.
With features such as 1001x leverage, yield-bearing collateral, hidden orders to prevent front-running, and on-chain perp trading for stocks like AAPL and TSLA, $ASTER appeals to both retail traders and institutions seeking efficient DeFi derivatives.
Spotlight on the $ASTER Airdrop: Key Details for Participants
The real buzz surrounding $ASTER today centers on its Season 2 airdrop, set to conclude on October 5, 2025. $ASTER airdrop is one of the largest in crypto history, distributing 320 million tokens (4% of total supply), valued at an estimated $500-760 million at current prices.
Building on Season 1’s 704 million token drop, it rewards early adopters and active users to boost liquidity and community growth.
Here’s how to get involved:
- Trading Volume and Fees: Accumulate points (Rh and Au) by executing trades on Aster DEX; higher volumes and burned fees yield more rewards.
- PnL and Holding: Positive profit-and-loss (PnL) from wins, along with longer hold times for collateral like USDF, amplify earnings.
- Referrals and Integrations: Use referral links for 10% fee reductions and bonus points; integrate with tools like Trust Wallet for seamless perp trading across 100+ markets.
- Eligibility Check: Ensure activity before the snapshot, over 695,000 traders have already participated, driving cumulative volume to $149 billion.
$ASTER airdrop not only incentivizes participation but also positions $ASTER to challenge DeFi giants on chains like Solana.
Current Market Performance Amid Volatility
As of September 26, 2025, $ASTER is facing headwinds in a broader market dip.
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- The token has crashed over 30% in recent hours, dropping below the $2 mark to around $1.80.
- This pullback follows a meteoric rise, where $ASTER surged 7,950% from launch, hitting an all-time high (ATH) of $2.34 just days ago.
- The 24-hour volume has hovered between $2.3 billion and $29.5 billion, with Aster DEX surpassing Hyperliquid’s daily figures at one point, reaching $13.5 billion.
- Total Value Locked (TVL) stands strong at over $1 billion, up significantly from pre-TGE levels, reflecting sustained user engagement with more than 330,000 new wallets joining in the first 24 hours post-launch.
- Market cap lingers around $3.74 billion, placing $ASTER in the top 40 cryptocurrencies.
CZ’s endorsements, including tweets highlighting its “Hyperliquid killer” potential, continue to fuel interest, though analysts warn of potential further pain if Bitcoin and Ethereum corrections deepen.
Potential Upside for $ASTER
Price predictions remain optimistic, with forecasts suggesting $ASTER could reach $2.38 by the end of September 2025 and climb to $2.43 by early 2026, driven by upcoming features like the Aster Dex for sub-second finality. However, volatility persists, and investors should DYOR amid market uncertainties.
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