- ASTER token surges 550% to $0.52 following TGE
- Total value locked rises to $1 billion, more than double pre-launch levels
- Aster launch bolsters the BNB Chain ecosystem and helps lift BNB price
The launch of the Aster token ($ASTER) drove its price up to $0.58, jumping more than 500% within hours of its token generation event (TGE).
Shortly after the spike, Aster gave back some gains as traders took profits following the TGE and the distribution of airdrops for protocols supported by YZi Labs.
Other altcoins such as Lagrange, EigenLayer and BNB also outperformed the broader market during the rally.
Starting from an initial price near $0.08, the token rapidly climbed to an intraday high of $0.52.
The move represented a 550% increase in the first trading session and pushed ASTER’s market capitalization above the $800 million threshold.
At launch, Aster rose into the top 150 cryptocurrencies by market cap.
A significant first step for $ASTER on BNB Chain.
• $345M traded in 24h
• Price reached $0.528 (~1,650%)
• 330K new wallets joined
• TVL $660M → $1.005B
• Platform volume near $1.5BThanks to our community for the trust and support. We’ll keep focusing on building an open… pic.twitter.com/cgPlwb2FVh
— Aster (@Aster_DEX) September 18, 2025
Daily trading volume surged beyond $420 million in the first 24 hours, a jump of roughly 1,800%.
While the 500% rally highlights Aster’s utility for perpetual trading, bulls should be cautious of sharp pullbacks if prices become overextended in overheated conditions.
Aster TVL jumps to $1 billion
Aster’s total value locked (TVL) exceeded expectations, rising above $1 billion within days after the TGE. This marked more than a twofold increase from pre-launch levels near $400 million, attracted over 330,000 new wallets, and strengthened Aster’s position as the world’s second-largest perpetual DEX by some measures.
The inflows underline the platform’s multi-chain approach, spanning BNB Chain, Ethereum, Solana and Arbitrum. Users have taken advantage of distinctive collateral options such as liquidity staking in BNB and yield-bearing USDF stablecoin positions.
Privacy-focused innovations like zk-proofs attracted sophisticated traders seeking capital efficiency without custodial risk, while Aster’s integration with PancakeSwap boosted ecosystem liquidity — contributing to a roughly 15% rise in BNB’s price over the past week.
Market observers noted that the $1 billion TVL not only adds stability to the network but also positions Aster to capture a share of the $16 billion hyperliquid market, potentially driving annual revenues toward $500 million through a fee structure that rewards $ASTER holders.
An important first step for $ASTER on BNB Chain
The $ASTER TGE represents a transformative launch on BNB Chain and lays the groundwork for broader DeFi adoption.
As a high-performance Layer-1 with privacy features at its core, Aster Chain aims to democratize perpetual and spot trading. The platform offers accessible Simple and Pro modes tailored to both new and experienced traders.
The platform’s non-custodial ethos, combined with governance through $ASTER, enables fee reductions and protocol upgrades driven by the community.
This approach aligns with a community-first philosophy that has helped grow BNB Chain into a network with significant TVL and active usage.
The milestone also highlights BNB Chain’s advantages in a low-fee, high-throughput environment, particularly as altcoin activity supports derivatives while Bitcoin maintains elevated prices above $117,000.