Aster Valued at $200 Million as of September 18, 2025

According to media reports, the decentralized perpetual contract trading platform Aster reached a latest valuation of $200 million on September 18, 2025.Aster is a next-generation decentralized perpetual contract trading platform designed for all users, committed to delivering a seamless, robust, and truly decentralized on-chain derivatives trading experience. With innovative features such as one-click trading, intelligent automation, and deep on-chain liquidity, Aster is redefining how DeFi operates, making it simpler, more efficient, and user-centric.Public information indicates that Aster’s development dates back to 2024. After completing a community funding round in September 2024, the project secured strategic investment in November 2024. In March 2025, DeFi protocols Astherus and APX announced a brand merger and were renamed "Aster." Notably, the CEO of a major exchange confirmed that former employees from the exchange are part of the Aster team, and YZi Labs holds a minority stake in Aster.On September 17, 2025, the ASTER token officially launched for trading. Subsequently, several major exchanges introduced ASTER trading pairs and perpetual contract products, indicating strong market recognition for the project. Currently, Aster is actively advancing its airdrop initiative, with the second phase of airdrop eligibility checks commencing in October 2025 and application channels expected to open on October 14.