Key notes
- The founder of Binance, CZ, affirms that his role with Aster is purely technical and advisory.
- Aster’s negotiation volume rises to $ 46 billion in 24 hours, which leads to a market capitalization of $ 3.4 billion.
- The Aster token reached a record of $ 2.41 before slipping 30% at the current price level.
The founder of Binance, Changpeng “CZ” Zhao, recently addressed speculation about his involvement in the aster of perpetual decentralized (DEX) increasing. Zhao stressed that his work with the project is strictly advisory, focused only on products and technology.
“I only advise them on products and technology, and I do not advise them on regulatory issues,” he said. “It is not my reach, it is not my specialty. I am not a lawyer. I was in trouble before with that. I help them. “
NEW: @cz_binance Explains his involvement with Aster
– Degen News (@degeneratenews) September 27, 2025
Zhao recognized that Aster’s team includes several former Binance employees, adding that they remain close to the ecosystem of the BNB channel.
He also confirmed that Yzi Labs, a venture capital company managing more than $ 10 billion for him and other first leaders of Binance, has a minority participation in Aster.
Despite these links, CZ stressed that ASTER works independently. However, he calls it “a very strong project”, adding that even if he competes with Binance, his success indirectly benefits BNB.
Few understand this.
Aster competes with @Binancebut help #Bnb.
– CZ 🔶 BNB (@cz_binance) September 28, 2025
Aster’s rapid increase
Aster, launched in March this year on the BNB channel, quickly became one of the most discussed decentralized exchanges. The platform offers both perpetual and punctual trading, with the native cryptocurrency, Aster.
In particular, ASTER is used for governance, discounts on negotiation costs, staunch rewards and deflationary buyouts to help stabilize the price. The new crypto recently climbed to a summit of $ 2.41 before ensuring $ 1.7 at the time of the editorial staff.
The recent stock market card, which is expected to distribute around 8.8% of the total token offer until October 17, fueled the enthusiasm of trade.
Perpetual Dex market overvoltages
Meanwhile, broader perpetual dex volumes have also increased, according to Defilma data. The market has reached three consecutive daily records this week, recording $ 70 billion in volume 24 hours a day on September 25.
At the time of writing the editorial staff, perpetual DEX volumes amounted to $ 62.48 billion, ASTER, representing almost $ 42.8 billion.
Industry observers consider ASTER’s mass growth as a sign of momentum renewed in decentralized finance. With climbing perpetual trading volumes and its token still near recent peaks, Aster has become a leader, going beyond hyperliquid.
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Cryptographic journalist with more than 5 years of experience in the industry, Parth has worked with the main media in the world of crypto and finance, the collection of experience and expertise in space after having survived bear markets and bulls over the years. STHTH is also an author of 4 self-published books.
Parth Dubey on LinkedIn
