Binance Lists Aster After 7,000% Rally and Volume Concerns

Binance lists Aster (ASTER) as the token rallies 7,000%, amid questions over trading volume and potential wash trading concerns.

Written By:
Kenrodgers Fabian

Reviewed By:
Jahnu Jagtap

Binance Lists Aster After 7,000% Rally And Volume Concerns

Binance has officially announced the listing of Aster (ASTER) on its Spot Market. Trading for ASTER/USDT, ASTER/USDC, and ASTER/TRY pairs will start on October 6, 2025, at 12:00 UTC. Deposits opened earlier at 09:00 UTC, and withdrawals will be available from October 7 at 12:00 UTC. The listing fee is 0 BNB, showing Binance’s strong support for emerging blockchain projects.

Besides, the ASTER smart contract operates on BNB Smart Chain (0x00..556A). Binance also confirmed that users can now trade ASTER on its Alpha Market, but the token will transition to Spot once official trading begins. Consequently, Aster will be delisted from Alpha, and its trading volume will no longer count toward Alpha Points. Users will be able to transfer their balances from Alpha Accounts to Spot Accounts within 24 hours of listing.

Market momentum meets scrutiny

On October 5, reports surfaced questioning the legitimacy of Aster’s explosive growth. The YZi Labs-backed Perp DEX platform gained attention with a 7,000% surge in its native token, ASTER. Furthermore, Aster outperformed competitors like Hyperliquid and swiftly rose to the top of the TVL and trading volume lists.

However, this rapid success drew skepticism from DefiLlama, a leading DeFi analytics platform. According to its founder 0xngmi, Aster’s perpetual trading volumes started mirroring Binance’s exactly. “Aster doesn’t make it possible to get lower level data such as who is making and filling orders,” he said, explaining the decision to delist Aster’s perpetual data due to potential wash trading concerns.

Crypto analyst Simon Dedic praised the move, saying, “Shoutout to 0xngmi, founder of DeFiLlama, for making the tough call… Slowly but surely, their house of cards is starting to collapse.” Despite the controversy, Aster’s price remains resilient. As per CoinMarketCap, ASTER trades at $2.01, up 0.55% in the last 24 hours, with a trading volume exceeding $1.57 billion.

ASTER’s Binance listing shows it’s gaining popularity, but its price swings and volume concerns mean traders should be careful. Early gains look tempting, but making smart choices is key.

Also Read: MYX Finance Price Lost 35% In 24 Hours. What’s Going On?

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Kenrodgers Fabian is a Content Writer with over 3 years of experience in crypto news, data analysis, and IT. With a degree in Health Records and Information Technology, he brings a structured and analytical approach to digital reporting. Kenrodgers focuses on delivering accurate, informative content that helps readers stay updated on the latest trends in crypto and emerging technologies.
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Jahnu Jagtap is a Research Analyst with over 5 years of experience in crypto, finance, fintech, blockchain, Web3, and AI. He holds a BSc in Mathematics and is certified in Blockchain and Its Applications (SWAYAM MHRD), Cryptocurrency (Upskillist), and NISM Certifications. Jahnu specializes in technical, on-chain, and fundamental analysis, while also closely tracking global macro trends, regulations, lawsuits, and U.S. equities. With a strong analytical background and editorial insight, he drives content that delivers clarity and depth in the fast-evolving world of digital finance.