Independent & unofficial · not Aster
A reader's guide
to Aster.
Asterpedia is a third-party reference written by a trader who uses Aster, with no relationship to the people who build it. Onboarding, hidden orders, leverage, fees, the ASTER token and comparisons — each figure dated and checked against Aster's own documentation.
Not affiliated with or endorsed by Aster. Contains referral links. Not financial advice.
What Is Aster?
Aster is a multi-chain decentralized perpetuals exchange with an order book covering crypto, stocks and commodities, plus spot trading and yield products. Aster's own launch announcement describes it as the product of a merger between the Astherus yield protocol and the APX Finance perps platform, backed by YZi Labs (formerly Binance Labs) and advised by Binance founder CZ. Backing is not operation, and Aster publishes no legal entity name in its terms or privacy policy, so this site does not speculate about who owns or controls what.
Aster's distinguishing feature is order privacy: orders are encrypted before reaching the chain and decrypted at execution, so resting size and direction do not appear in a public order book. That removes the readable order flow most position-hunting and MEV strategies depend on, though privacy is not anonymity and no venue eliminates the risk entirely. Alongside it are a one-click 1001x mode, 24/7 stock and commodity perps priced by third-party oracle providers, and yield-bearing collateral through Aster Earn.
This is an independent reference, not the official app. We explain how to connect a wallet and deposit, how hidden orders work, what the ASTER token does, how fees compare, and how Aster stacks up against Hyperliquid and other exchanges — all verified against Aster's official documentation at docs.asterdex.com.
The rates and token figures on this site were last checked against Aster's perpetuals fee schedule and $ASTER tokenomics pages on . Aster revises both regularly, so treat every figure here as a dated snapshot and confirm the live numbers before you trade. Where a number comes from Asterpedia's own tracking instead, the page says so — see our methodology.
HOW THIS SITE IS FUNDED
The referral code, explained honestly
Aster pays a referrer 10% of the fees their referred users generate, and lets the referrer choose whether to pass any of it back. Most do not. This account is set to a 5/5 split, so signing up with code MMTz04 means 5% of your trading fees come back to you. Aster calculates it daily and credits it the next day in the asset you paid the fee in, so it is a rebate rather than a discount at the point of trade.
Per Aster's documented program terms the code is applied at sign-up. Aster sets and administers the program, and can change it. Paying fees in ASTER is a separate 5% discount that does come off at the point of trade.
Trade on Aster - 5% Fee RebateRebate paid by Aster
EVERYTHING YOU NEED
Explore Our Guides
Getting Started
Connect your wallet, deposit, and place your first Aster perp in minutes. Simple mode, Pro mode and Shield Mode explained.
Explore Guides →
Trading Features
Aster perps and spot: order types, leverage and margin, 24/7 stock and commodity perps priced by third-party oracle feeds, and one-click 1001x trading.
Fees & Savings
Aster maker and taker fees, the pay-in-ASTER discount, and how the referral rebate works, each cited to Aster documentation.
Exchange Comparisons
Sourced comparisons of Aster against Hyperliquid, dYdX, GMX, Binance Futures and other venues, with each figure cited.
Ecosystem
Explore the ASTER token, Aster Earn (asBNB & USDF), Aster Chain, points and airdrops, and the wider Aster universe.
Privacy & Security
How Aster hidden/encrypted orders work, plus self-custody, wallet security, and operational security best practices.
Troubleshooting
Fix deposits, wallet connections, bridges and the other issues Aster traders report most often.
GET STARTED IN MINUTES
Three Steps to Your First Trade
No email, no password, and as of August 2026 no identity verification requested. Connect a wallet, deposit on the chain you already use, and trade with your keys staying in your hands.
Trade on Aster - 5% Fee RebateConnect Your Wallet
Open Aster and connect MetaMask, Binance Wallet, Phantom or another supported wallet. The app asks for a wallet signature rather than an email, a password or identity verification.
Deposit Collateral
Deposit USDT, USDC, ETH or SOL on BNB Chain, Ethereum, Solana or Arbitrum without a separate bridging step. Each deposit is still an on-chain transaction carrying the timing and cost of that network.
Trade Privately
Place perps, spot, or one-click 1001x trades. Orders are encrypted until execution, so resting size and direction do not show in the public order book. Sign up with code MMTz04 and 5% of your fees come back as a rebate.
HOW IT STACKS UP
Aster vs. The Competition
 Aster |  Hyperliquid |  dYdX |  GMX | |
|---|---|---|---|---|
| Type | Order-book perp DEX | Order-book perp DEX | App-chain perp DEX | Oracle / AMM DEX |
| Hidden / encrypted orders | Yes | No | No | No |
| Max leverage | Up to 1001x | Up to ~50x | Up to ~20x | Up to ~100x |
| 24/7 stock & commodity perps | Yes | Via HIP-3 | No | No |
| Deposit chains | BNB, ETH, SOL, Arbitrum | Own L1 | Own L1 | Arbitrum, Avalanche |
| Identity verification to trade | Not requested | Not requested | Not requested | Not requested |
| Self-custody | Yes | Yes | Yes | Yes |
JUST ADDED
Recently Published
What Aster's Security Audits Actually Found (Every Report, Read)
All seven published audits of Aster's contracts, read end to end: findings by severity per report, what was fixed versus accepted, and what the audits never covered.
How to Buy ASTER: Every Route, Step by Step (2026)
How to buy the ASTER token in 2026: on Aster's own spot market, on a centralized exchange, or on-chain. The contract address Aster's docs publish, exact steps, and the mistakes that cost people money.
Aster Staking Explained: How Aster Earn & veASTER Work (2026)
How Aster staking works per Aster's docs: locking ASTER for veASTER, weekly epoch rewards, what the March 2026 switch changed, and checks before you lock.
Aster Token Release Schedule: Unlocks Cut 97% by the Staking Switch (2026)
The ASTER release schedule after Aster replaced fixed monthly unlocks with staking-only emissions, a reported ~97% cut in new supply. Before/after numbers.
COMMON QUESTIONS
Frequently Asked Questions About Aster
What is Aster?
Aster is a decentralized perpetuals exchange with an order book covering crypto, plus contracts tracking stock and commodity prices from third-party oracle feeds, spot trading, a one-click 1001x mode, and yield products. Its distinguishing feature is order privacy: orders are encrypted before reaching the chain and decrypted at execution, so resting size and direction are not published in the public book. Aster describes itself as self-custody. The official launch announcement describes the project as backed by YZi Labs, formerly Binance Labs, and advised by Binance founder CZ; a backer and an advisor are not operators, and Aster names no legal operating entity in its published terms.
How do I start trading on Aster?
Connect a wallet such as MetaMask, Binance Wallet or Phantom, deposit a supported asset (USDT, USDC, ETH, SOL, or yield-bearing collateral) on BNB Chain, Ethereum, Solana or Arbitrum, and start trading. As of August 2026 the app asks for a wallet connection rather than an email, a password or identity verification. That describes how the product behaves on that date, not any legal or regulatory position, and whether you are eligible to use it where you live is a question only you can answer.
What is Aster's 1001x mode?
The 1001x mode is a one-click, fully on-chain way to open leveraged perp positions advertised up to 1001x on selected high-liquidity pairs such as BTC and ETH, with no initial margin required. Aster describes it as resisting MEV because order details stay concealed until execution. It runs on the ALP liquidity pool, documented in August 2026 as deployed on BNB Chain and Arbitrum, and that deployment list can change. At this level of leverage a small adverse move is enough to liquidate the position.
What is the ASTER token?
ASTER is the native token of Aster, launched on September 17, 2025. It powers fee discounts (5% off when fees are paid in ASTER), veASTER staking with buyback rewards, and governance. A 2026 upgrade directs the large majority of daily platform fees to ASTER buybacks distributed to stakers, with regular burns toward a 3 billion supply target.
READY TO TRADE?
Start Trading on Aster Today
Self-custody trading with hidden orders, leverage up to 1001x, and 24/7 contracts tracking stock and commodity prices from third-party oracle feeds. Connect a wallet, deposit, and trade in minutes. Sign up with code MMTz04 and 5% of your trading fees come back as a rebate paid by Aster.