CoinMarketCap Backs Aster DEX After Successful TGE

CoinMarketCap has stated that it has implemented support of Aster DEX, the platform after the successful Token Generation Event. The event brought the token of $ASTER to the market, and now it is traded against USDT on Aster Spot. This is a significant move to a wider recognition of a new DeFi project.

Details of the Launch

The token was launched officially on the 17th of September 2025 at 12:00 UTC. The following day, CoinMarketCap announced the event, which the company confirmed it was a launch partner. This is the support that has already made Aster visible to the global traders and investors. During hours after the launch, it was possible to observe that $ASTER started to attract attention. It experienced a sharp increase in price and increased activity in the trade. When last quoted, the token had a valuation of about twenty cents, and traded heavily each day, and with a market capital in excess of three hundred millions of dollars. It also soared to position two hundred in the CoinMarketCap list of coins within a day.

The Aster DEX conducted a massive airdrop to promote the early adoption. More than seven hundred million of the $ASTER tokens were given to qualified users. The window of claims is free up to October 17, 2025, and the withdrawals will start at October 1. The intention behind the distribution is to distribute the token as much as possible establishing a solid foundation of holders early on.

What Aster DEX Offers

Aster DEX is a perpetual trading-oriented and decentralized trading platform. The platform offers a maximum of one hundred times leverage with over fifty crypto markets. It is also bringing out multi-asset collateral, which enables users to trade using liquid staking tokens and stablecoins yielding interest. The platform is more efficient because liquidity is brought together through chains. The project is constructed on Aster Chain that is a Layer 1 network specific to speed and privacy. ASTER token will be involved in governance, reward system, and the development of an ecosystem over the long run. There is also a mobile application, where traders can unite their wallets and deal with positions in an app.