$ASTER TGE had an impressive debut: Exclusive launch of Aster DEX generated $310 million in trading volume and nearly 330,000 new users in less than 24 hours.

CN
2 hours ago

Driven by a scarce trading mechanism, $ASTER quickly attracted global traders after its launch.

The native token $ASTER of the decentralized exchange Aster ignited enthusiasm in the crypto market with outstanding market performance within 24 hours after its Token Generation Event (TGE).

Since $ASTER currently only supports spot trading on Aster DEX, the platform has become the sole entry point for global funds and users, directly driving a comprehensive increase in capital inflow and user numbers.

According to official on-chain data, the total trading volume of $ASTER exceeded $310 million within less than 24 hours on its first day of launch. The token opened at $0.03015 and gained market favor, peaking at $0.528 during the day, with a single-day increase of approximately 1,650%.

This price trend not only reflects the market's high recognition of its value but also lays a solid foundation for subsequent liquidity building.

Driven by a scarce trading mechanism, $ASTER quickly attracted global traders after its launch. Within 24 hours, the number of new independent wallet addresses exceeded 330,000, demonstrating users' high participation and long-term confidence in the platform.

Meanwhile, the total value locked (TVL) on the platform increased by $660 million in a single day, rising to $1.005 billion, with the platform's total trading volume nearing $1.5 billion in a single day, further confirming the strong momentum of continuous net capital inflow.

From the trading data and capital inflow on the first day, $ASTER not only proved its market appeal as a native token but also highlighted Aster DEX's strategic position as a next-generation flagship DEX on the BNB Chain.

With the continued market enthusiasm and the expansion of the user base, $ASTER is expected to become an important force in further expanding decentralized finance and inject a new round of growth momentum into the BNB Chain ecosystem.

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