TLDR
- Perpetual DEX trading volumes hit record $70 billion on Thursday, with Aster accounting for over 50% of total activity
- Mr. Beast purchased 538,384 ASTER tokens worth nearly $1 million, while rumors suggest Trump family involvement remain unverified
- Two whale wallets hold 129.59 million ASTER tokens worth $259 million, representing 7.82% of circulating supply
- ASTER price surged over 2000% in two weeks, reaching all-time high of $2.30
- Trading incentives and airdrop eligibility drive much of the platform’s volume growth
Aster has emerged as the dominant force in decentralized perpetual trading. The platform drove overall DEX volumes to a record $70 billion on Thursday.
The BNB Chain-based derivatives platform captured over 50% of total perpetual DEX activity. Aster recorded almost $36 billion in 24-hour trading volume on Thursday alone.
This performance follows three consecutive days of record-breaking volumes across perpetual DEXs. Tuesday saw $52 billion in total volume, followed by $67 billion on Wednesday.
Aster outpaced established competitors like Hyperliquid and Lighter. Both platforms recorded volumes above $10 billion but fell short of Aster’s dominance.
The platform’s rapid growth stems from aggressive user incentives. Trading, minting, and holding activities earn users points toward potential airdrops.
Celebrity Involvement Drives Market Interest
Social media reports suggest high-profile figures have invested in ASTER tokens. On-chain data shows Mr. Beast purchased 538,384 ASTER tokens worth approximately $990,000.
MrBeast(@MrBeast) bought 538,384 $ASTER($990K) over the past 3 days.
He deposited 1M $USDT into #Aster using public wallet 0x9e67 and new wallet 0x0e8A, then withdrew 538,384 $ASTER.
The average buying price was likely ~$1.87.https://t.co/Gm7MPrUqEk pic.twitter.com/cntXZ9XEQP
— Lookonchain (@lookonchain) September 26, 2025
The YouTube personality deposited $1 million USDT into Aster over three days. His average purchase price was around $1.87 per token.
Rumors also circulate about Trump family involvement through Truth Social. A wallet allegedly connected to the platform purchased $75 million worth of ASTER tokens.
However, analytics platforms dispute this connection. The wallet appears linked to Galaxy Digital rather than Truth Social.
Multiple sources have flagged the wallet as a major ASTER whale. No concrete evidence supports claims of Trump family involvement.
Whale Activity Increases Market Concentration
Large investors continue accumulating ASTER tokens in significant quantities. Two major whale wallets now hold 129.59 million ASTER worth approximately $259 million.
This represents 7.82% of the token’s total circulating supply. One whale wallet withdrew 6.34 million ASTER tokens from Gate.io today.
Recent blockchain data shows continued accumulation patterns from Gate.io. Most activity appears connected to Galaxy Digital operations.
Binance founder Changpeng Zhao endorsed ASTER last week. This endorsement preceded much of the recent whale activity.
Platform Metrics Show Rapid Growth
Aster’s total value locked reached over $2 billion on Thursday. The platform doubled its TVL in just one day on Friday.
Open interest surged to $1.25 billion within one week of operations. This metric tracks outstanding contracts awaiting settlement.
Friday’s trading volume exceeded $400 million for the platform. Growth has been consistent across multiple key performance indicators.
The platform now overtakes Hyperliquid in several metrics. Trading volumes and daily revenue both favor Aster’s performance.
Price Performance and Market Response
ASTER price has rallied over 2000% in the past two weeks. The token reached an all-time high of $2.30 during this period.
Current trading shows the token finding support at $1.70. Markets are watching for a potential breakout above $2.00.
Community members express mixed views on the volume surge. Some question whether trading reflects genuine market conviction.
Critics compare the situation to previous incentive-driven periods. The 2018 exchange fee-mining season and 2021 DeFi summer ended poorly for retail traders.
Market analysts are projecting double-digit price targets for ASTER. The DEX token continues attracting institutional and celebrity interest.
