Categories: MarketsMenafn

CZ Effect: Binance Lists Aster (ASTER) With Seed Tag After Weeks Of Hype

Aster’s native token, ASTER, has ridden a powerful endorsement cycle after Changpeng “CZ” Zhao publicly praised the project in mid-September.

The attention drove rapid growth in community interest and trading activity around Aster, a decentralized perpetuals exchange marketing advanced on-chain features like multichain support and “hidden orders”.

In the same window, Binance Alpha, the exchange’s pre-listing product funnel, ran a deposit promotion for ASTER, dangling 9,990 USDC in rewards from September 29 to October 6.

Alpha campaigns often precede broader product exposure on Binance, but they do not by themselves confirm Spot listings. Binance made a similar point in an April notice describing how Alpha tokens are removed from Alpha once Spot opens for those assets.

Futures came first. On September 19, Binance Futures launched ASTERUSDT USDⓈ-M perpetuals with leverage up to 50x—and explicitly reminded users that Futures ≠ Spot and a perps listing does not imply a Spot listing.

As of October 6, Binance’s Support center does not show an official Spot-listing announcement for ASTER; any claim that Spot went live should be treated as Unverified unless or until a formal “Binance Will List…” notice appears on the Support portal.

CZ’s advisory stance—and data questions

After the endorsement wave, Zhao clarified he is “just an advisor” to Aster, focusing on product/tech rather than management, according to recaps of his remarks on X Spaces in late September.

The advisory framing has not dimmed interest, but it coincided with a separate flashpoint: DeFiLlama said it delisted Aster’s perp volume over integrity concerns, citing near-1:1 correlations with Binance perpetuals and limited lower-level data available for verification.

Jerry Rolon

After working for 7 years as a Internet Marketer, Jerry now aims to explore the journalistic side of Internet. With his impeccable knowledge in this domain, he churns out some of the best news articles from the internet niche. With respect to acedamics, Jerry earned a degree in business from California State University.

Recent Posts

Verto Establishes DIFC Hub to Enable Faster, Smarter B2B Payments Across Africa and Emerging Markets

UAE now has a payment partner that unlocks Africa’s growing economic opportunity DUBAI, UAE, 6…

7 hours ago

Guinness World Records Attempt in Forex Industry is announced

Dubai, UAE, 5th October, 2025, ZEX PR WIRE, Forex Expo Dubai, the Middle East’s largest…

7 hours ago

Reliable Airport Taxi Service: Guaranteed Pickups, No Delays

London, England, 5th October 2025, ZEX PR WIRE, In today’s travel landscape, reliability has become…

20 hours ago

Forex Expo Dubai 2025 Conference to Feature 150+ Global FX and Fintech Leaders

Part of the region’s largest forex and fintech gathering, the two-day conference on 6–7 October…

3 days ago

Zcash Surges on Privacy Bets

Zcash (ZEC) has erupted past key resistance levels this week, driven by surging derivatives flows…

4 days ago

Permute Surpasses $1M in Transaction Volume in One Month Since Launch

Bangalore, India, 2nd October 2025, ZEX PR WIRE, Permute, an accessible Bitcoin bridge platform, announced…

4 days ago