Aster DEX Supercharges Perpetual Contracts: New Tick Size Unlocks Aggressive Short-Term Trading
Aster DEX just leveled the playing field for algo traders and scalpers—its perpetual contracts now dance to a tighter beat.
Why it matters: Smaller tick sizes mean more precision for high-frequency plays. The update screams 'bring your bots' to a platform that's clearly tired of watching traders flock to rivals.
Between the lines: This isn't innovation—it's catch-up. But in DeFi, even copycat moves can print money when executed right. Just ask the 'inspired' teams behind half the top-20 DEXs.
Bottom line: Another incremental step toward institutional-grade derivatives... or another bandage on DeFi's leaky infrastructure? Place your bets—literally.
Aster changes tick size as stage 4 harvest begins
The tick size update comes on the heels of Aster DEX entering Stage 4 of its Dawn program, known as Aster Harvest, after Stage 3 officially ended at 23:59 UTC on Sunday.
The upcoming harvest stage introduces 1.5% of the total ASTER supply, distributed evenly in six weekly epochs, with 0.25% allocated per week. Airdrops from Stage 3 will become claimable later this month, with the checker opening December 1 and claims starting December 15. Stage 4 concludes on December 21, at 23:59 UTC.
New features in Stage 4 include ASTER being eligible as a margin asset, alongside an Aster Asset Points system that accounts for ASTER, asBNB, and USDF holdings. Using $ASTER as perpetual collateral grants extra points.
Selected perpetuals also benefit from a higher leverage ceiling, reaching up to 300x. Fee buybacks and token burns will continue, and users paying fees in ASTER receive a 5% discount, and points can also be earned across perpetual and spot trading on the platform.
Aster CEO Leonard Aster is scheduled to join Ember Aster for a live Ask-Me-Anything session at 1 PM UTC on November 10. The discussion will cover AsterChain’s roadmap and the exchange’s future plans.
“We are excited to charge forward, & help lead the next generation of BUILDers to build the future of blockchain and finance on AsterChain; providing exciting opportunities for the community, ASTER holders & builders alike,” the Aster Build team wrote on Monday.
Aster reclaims $1.10 price level after Coinbase roadmap listing
The DEX token has posted a strong performance in the last 24 hours, rising 2.35% in 24 hours, which is just slightly under the broader crypto markets’ 3.7% uptick during the same period. Over the past week, ASTER climbed 11.2%, realized after Coinbase’s November 9 announcement that the token was added to its asset roadmap, causing a 3.5% price spike in the day.
Cryptopolitan reported that Coinbase is considering adding the Changpeng Zhao-touted token’s trading pairs after a thorough vetting process, although the listing is not guaranteed, and neither was the listing date confirmed.
According to DefiLlama stats, Aster DEX’s perpetual futures volumes reached approximately $11.94 billion, while spot trading accounted for $38.17 million in the last 24 hours. The platform’s cumulative perpetual volume exceeds $509 billion, with cumulative spot trading surpassing $12.7 billion.
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