PERPSATLAS RESEARCHRESEARCH PREVIEW 01
Home / Projects / Aster
← All protocols
Perps · RWA / ASTER

Aster

A venue for perpetuals and spot markets. The ranking uses perpetual volume and excludes spot turnover.

Visit official website ↗

Direct link. No affiliate code is currently attached.

Snapshot checked 2026-09-22 · Source: DefiLlama ↗ · combined protocol profile
Volume · 24h$3.38B
Volume · 7d$17.82B
Volume · 30d$68.46B
Open interest$1.43B
TVL$804.00M
Fees · 30d
Revenue · 30d
Holders revenue · 30d
Token price$0.73
Market cap$1.99B
FDV$5.71B
FAIR VALUE

Valuation under review

Verified inputs for value capture, token supply and future unlocks are incomplete. A numerical range is not published yet.

How valuation works →
WEEKLY CHANGES

Baseline snapshot

Timestamped TVL history is available below. The weekly page compares compatible observations; volume-rank changes are not yet calculated.

View the research log →
AUTOMATED OBSERVATION / SEPARATE SCOPE

TVL · $803.69M

Fresh · Observed 2026-09-22T09:12:23Z

2026-06-25 → 2026-09-22 · Range $725.23M–$866.60M · Chart scale starts at the series minimum, not zero.

DefiLlama top-level protocol TVL; component methodology not supplied · Source ↗. This series may differ from combined-profile baseline TVL above.

RESEARCH DESK · 2026-09-22

What matters here

Follow the upgraded fee-funded staking and reserve-burn mechanism alongside future token emissions.

Team

A verified contributor biography table is not included in this edition.

Not verified in this edition

Investors

A primary-source funding table is not yet reconciled. Promotional associations are not treated as confirmed investments.

Not verified in this edition

Unlocks

The documentation retains a 12-month team cliff and 40-month schedule, but also describes reserve burns prioritizing team tokens. Earlier ecosystem linear vesting was replaced by staking emissions. Reconcile actual balances before forecasting dilution.

Primary source ↗

Buyback

The June 17 upgrade documentation allocates 99% of daily platform fees to automated ASTER purchases distributed to veASTER stakers. Matching reserve burns occur biweekly until total supply reaches 3 billion. These are documented rules, not independently audited realized flows.

Primary source ↗

Utility

The upgraded model rewards veASTER according to lock weight. Staking emissions and fee-funded rewards need separate treatment.

Primary source ↗

Listings

The official venue is linked above. External exchange pairs have not been independently checked in this edition.

Not verified in this edition

What to compare next

Compare volume quality, fee economics, dilution and actual value reaching token holders. Affiliate payouts never affect rankings.

Compare all protocols →