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October 7, 2025

New Decentralized Perpetual Exchange Altcoin Surges Over 12% After Binance Listing

By Daily Hodl Staff

The world’s largest crypto exchange by trading volume is adding a new decentralized perpetual exchange token with a seed tag applied.

Binance says it’s listing Aster (ASTER), a new Solana-based decentralized finance altcoin.

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“Binance will list Aster (ASTER) and open trading for the following spot trading pairs at 2025-10-06 12:00 (UTC).

New Spot Trading Pairs: ASTER/USDT, ASTER/USDC, ASTER/TRY

Users can start depositing ASTER after 2025-10-06 09:00 (UTC).

Withdrawals will open at 2025-10-07 12:00 (UTC).”

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Binance attached a seed tag to ASTER, a designation it applies to lower-liquidity projects that could exhibit higher volatility compared to other listed tokens. The exchange requires users who want to trade assets with seed tags to pass quizzes every 90 days to ensure they’re aware of the risks.

Aster is a decentralized trading platform that offers spot and perpetual futures for digital assets. Formed through the merger of Astherus and APX Finance, it aims to operate on multiple blockchains without requiring asset bridging.

The platform aims to allow users to trade with high leverage and use yield-bearing assets as collateral. The project is supported by YZI Labs, an investment group linked to Binance’s founders, and continues to draw attention for its rapid growth and risk exposure typical of new DeFi ventures.

Aster’s token, ASTER, has seen recent price volatility ahead of a scheduled token unlock that could expand supply. Following the Binance announcement, Aster leapt over 12%. At time of writing, Aster is trading for $2.07, up 0.1% in the last 24 hours.

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

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