ASTER (Aster) fell 10.27% in the last 24 hours.

Gate News Bot news, on October 09, according to CoinMarketCap data, as of the time of writing, ASTER (Aster) is currently priced at $1.81, with a 10.27% fall in the last 24 hours, reaching a high of $2.27 and a low of $1.78. The 24-hour volume has reached $1.117 billion. The current market capitalization is approximately $3.076 billion, a decrease of about $352 million compared to yesterday.

Aster is a next-generation decentralized perpetual contract exchange for all traders. It provides cross-chain trading capabilities without bridging or switching, users only need to select a chain and make a transaction. Aster has deep liquidity, supports large trades, and offers advanced tools such as hidden orders. The platform is designed to provide a streamlined experience for both novice and professional traders, with a focus on clarity and control.

Important news about ASTER recently:

1️⃣ A large amount of ASTER has been transferred to centralized exchanges Recently, a large holding address transferred a significant amount of ASTER to a centralized exchange. An address that previously accumulated 64.535 million ASTER through Gate has transferred 6.1 million ASTER (approximately 12.07 million USD) to a certain centralized exchange in the past two hours. Since the listing of ASTER on this exchange's spot market, this address has cumulatively transferred 12.961 million ASTER (approximately 26.23 million USD). The average price for this address when accumulating ASTER from Gate is around 1.61 USD, while the average price for transferring to the exchange is 2.02 USD. It currently still holds 51.574 million ASTER (approximately 98.51 million USD).

2️⃣ DefiLlama removes Aster volume data The founders of DefiLlama have announced the temporary removal of Aster from its perpetual contract DEX trading volume rankings. The reason for this is that Aster's recent trading volume data is almost exactly the same as the trading volume of a perpetual contract on a centralized exchange, but this was taken because the underlying data could not be obtained to verify whether there was a fake transaction. This decision could affect the market's perception of the authenticity of Aster's trading volume.

3️⃣ Aster launches a new round of trading reward program Aster announced that starting from October 6th at 22:00 (UTC+8), a 1.2x trading reward bonus will be launched for specific trading pairs. The trading pairs supported for the bonus include spot trading pairs such as ASTER/USDT, BTC/USDT, ETH/USDT, as well as perpetual contract trading pairs like AIA/USDT, ASTER/USDT, COAI/USDT. In addition, Aster also announced the detailed rules for Genesis phase 3, introducing a smarter bonus mechanism and fairer competition rules, aiming to sustain the project's growth momentum.

The price of ASTER has recently fluctuated significantly, possibly related to the factors mentioned above. A large number of tokens moving into centralized exchanges may increase short-term selling pressure, while the removal of data by DefiLlama could affect market confidence. However, the new trading rewards program may stimulate trading activity. Investors need to closely monitor subsequent developments and weigh the risks.

This news is not intended as investment advice, and investors should be aware of the risk of market volatility.