The independent Aster DEX reference

Everything Aster,
in one place.

The encyclopedia for the privacy-first perp DEX — onboarding, hidden orders, 1001x leverage, fees, the ASTER token, and honest comparisons. Independent, verified against the docs, and built to help you trade smarter. Sign up with code MMTz04 for 5% off your trading fees.

Independent. Transparent. Not financial advice.

What Is Aster?

Aster is a privacy-focused, multi-chain decentralized perpetuals exchange that offers order-book perps on crypto, stocks, and commodities, plus spot trading and yield products. It was formed from the 2024 merger of the Astherus yield protocol and the APX Finance perps platform, is backed by YZi Labs (formerly Binance Labs), and is advised by Binance founder CZ. In September 2025 it briefly overtook Hyperliquid in daily perp volume. These platform details are drawn from Aster's official documentation.

What makes Aster different is privacy: every order is encrypted before it reaches the chain and only decrypted at execution, so your positions never appear in a public order book — defeating the position-hunting and MEV that transparent DEXs are exposed to. On top of that, Aster offers a one-click 1001x mode, 24/7 stock and commodity perps, 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.

STOP OVERPAYING

Don't Leave Money on the Table

There's no way to add a referral code after you open an Aster account — it's locked in at sign-up or never. Join with code MMTz04 and get a 5% discount on your trading fees on every fill — crypto, stock and commodity perps, spot, and 1001x — for the life of the account. You can stack an extra 5% by paying fees in ASTER.

Claim Your 5% Discount

Applied at sign-up

GET STARTED IN MINUTES

Three Steps to Your First Trade

No KYC. No email. No passwords. Connect a wallet, deposit on the chain you already use, and trade privacy-first perps with self-custody.

Trade on Aster - Save 5% on Fees
1

Connect Your Wallet

Open Aster and connect MetaMask, Binance Wallet, Phantom, or any supported wallet. No email, no password, no KYC — just a wallet signature.

2

Deposit Collateral

Deposit USDT, USDC, ETH, or SOL on BNB Chain, Ethereum, Solana, or Arbitrum — no manual bridging. Funds stay in your self-custody.

3

Trade Privately

Place perps, spot, or one-click 1001x trades. Orders are encrypted until execution, so your positions never show in a public order book. Sign up with code MMTz04 for 5% off fees.

HOW IT STACKS UP

Aster vs. The Competition

Aster - privacy-first decentralized perpetuals exchangeAsterHyperliquid logo - perpetuals DEX comparisonHyperliquiddYdX logo - decentralized exchange comparisondYdXGMX logo - perpetuals DEX vs AsterGMX
TypeOrder-book perp DEXOrder-book perp DEXApp-chain perp DEXOracle / AMM DEX
Hidden / encrypted ordersYesNoNoNo
Max leverageUp to 1001xUp to ~50xUp to ~20xUp to ~100x
24/7 stock & commodity perpsYesVia HIP-3NoNo
Deposit chainsBNB, ETH, SOL, ArbitrumOwn L1Own L1Arbitrum, Avalanche
KYC requiredNoNoNoNo
Self-custodyYesYesYesYes

COMMON QUESTIONS

Frequently Asked Questions About Aster

What is Aster?

Aster is a privacy-first decentralized perpetuals exchange backed by YZi Labs (the ex-Binance Labs team) and advised by Binance founder CZ. It offers order-book perps on crypto, stocks, and commodities, spot trading, a one-click MEV-resistant 1001x mode, and yield products — with hidden, encrypted orders so your positions never appear in a public order book. Traders keep full self-custody of their funds.

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. There is no KYC, email, or account creation — just a wallet signature.

What is Aster's 1001x mode?

Aster's 1001x mode is a fully on-chain, one-click, MEV-resistant way to open leveraged perp positions of up to 1001x on select high-liquidity pairs like BTC and ETH, with no initial margin required. It runs on the ALP liquidity pool on BNB Chain and Arbitrum.

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, up to 1001x, and 24/7 stock & commodity perps — no KYC, no email. Connect a wallet, deposit, and trade in minutes. Sign up with code MMTz04 for a 5% fee discount you can't get signing up directly.