「Once TGE'd, who in the world doesn't know Aster」. If you were to ask about the hottest project in the past two weeks, the name Aster should be everyone's first reaction.

With a large-scale community airdrop of 53.5%, a $0.03 listing price, and a 400% surge within hours of the TGE, Aster achieved a remarkable price increase in just 5 days: reaching a peak of 81x at an ATH of $2.4359, and currently maintaining a 63x increase at $1.9. This is the most explosive token TGE of the year, without a doubt.

At a time when most Perp DEXs are still imitating Hyperliquid without much innovation, how did Aster secure an increasingly significant market position through a differentiated technological roadmap and product strategy?

What Sets Aster Apart?

Aster's development journey reflects the team's keen market sense and execution capabilities. Originally named Astherus, the project focused on staking asset liquidity, with two products, AstherusEx and AstherusEarn, targeting perpetual contract trading and DeFi mining strategies, respectively.

The real turning point came on March 31, 2024, when Astherus completed a strategic merger with APX to upgrade to Aster, transitioning from a staking liquidity protocol to a grander goal of the "Perp DEX ultimate form."

The team was well aware that in today's rapidly evolving on-chain perpetual contract trading landscape, a single-product model simply cannot meet the diverse needs of users. That's why they innovatively introduced the "1001x" and "Perpetual" dual-mode trading system.

The 1001x mode is designed to lower the on-chain trading barriers, adopting a fully on-chain perpetual contract form. By integrating with external on-chain ALP liquidity pools, it offers a simplistic trading experience. Users can complete transactions with a light touch without the need for complex chart analysis, supporting up to 1001x leverage for BTCUSD trading pairs, covering a wide range of asset categories such as cryptocurrencies, forex, and popular meme coins. This mode is also compatible with the BNB Chain and Arbitrum network, providing a seamless on-chain trading entry point for novice users.

The Perpetual mode is aimed at professional traders, utilizing an on-chain order book mechanism, with deep liquidity, real-time data, and advanced trading tools. Users participating in beta testing can already directly access the Aster Chain, experiencing the latest privacy trading features and a high-performance trading environment. This mode not only meets the needs of professional traders for deep liquidity and precise price control but more importantly, it provides a practical testing ground for the platform's technological innovation.

What's even more innovative, Aster has also introduced the "Dumb" prediction mode, allowing users to make prediction trades based on minute-level asset price fluctuations. This novel trading method not only enriches the platform's feature set but, more importantly, provides a new way for those who enjoy short-term speculation but lack professional trading skills to participate in the market.