What is Aster Coin? A detailed guide about the Aster DEX Platform

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What is Aster Coin?

Aster coin is the cryptocurrency of the Aster ecosystem. Aster is a decentralized exchange that enables trading of cryptocurrencies on the chain. In addition to trading, it also integrates various reward models.

Features of the Aster Platform

On Aster, users can perform futures and spot transactions. In the reward model, users can use their yield-generating assets as collateral. Thus, while these assets are used in various trading activities, users providing collateral can earn passive income from them.

1001x Simple Mode

The simple mode called 1001x allows for leverage trading with a single click. The name 1001x comes from the leverage of up to 1001 times provided for certain assets.

Pro Mode

In Pro mode, an advanced interface based on an order book is provided for continuous futures trading.

Who is the Founder of Aster?

Aster was founded in 2024 by a mysterious businessperson known as Leonard. After its founding, the project received support from YZI Labs. Aster coin was launched in 2025.

How Does Aster Work?

Aster operates as a decentralized exchange offering many features on a single platform.

Simple Mode Mechanism

The 1001x simple mode is based on a shared liquidity pool model. The main element in simple mode is the ALP liquidity pool. Users who issue ALP tokens can contribute to this pool and act as liquidity providers. Additionally, decentralized oracles are used to ensure system transparency and prevent price manipulation.

Pro Mode Mechanism

The working mechanism of pro mode is based on an order book system. Transactions that add liquidity to the pool and are not immediately completed are called maker orders, while transactions that are matched and completed immediately are known as taker orders.

There are two different order types available in pro mode:

• Hidden Order (Hidden Orders): The size of the transaction and the assets used are invisible on the order book until the transaction is completed. This aims to minimize market impact.
• Grid Trading: Multiple limit orders are placed within pre-determined price ranges. This is intended to profit from market fluctuations.

How to Use Aster Coin?

Aster coin is the primary cryptocurrency used within the ecosystem. It mainly functions as a utility token. Users can use ASTER to pay for transaction fees.

In the Rocket Launch feature, used for discovering new projects, users must hold at least 100 ASTER to participate in projects. Additionally, users with ASTER in their wallets during airdrops can earn extra points.

ASTER Token Distribution

The maximum supply of Aster tokens is 8 billion, distributed as follows:

• Airdrop: 53.5%
• Ecosystem and community: 30%
• Treasury: 7%
• Team: 5%
• Liquidity and listing: 4.5%

Where to Buy ASTER?

To buy ASTER, first create an account on a cryptocurrency exchange. Then, complete the identity verification process of your account. You need a balance in your wallet to complete the purchase. If you have no balance, you can opt for payment methods like bank transfer or credit card. After depositing your funds, you can buy the desired amount of assets.

For buying ASTER with TRY trading pairs, you can benefit from Turkey’s leading technology companies and top crypto trading platforms.

Steps to Purchase ASTER Coin

You can follow these steps to buy ASTER coin:

1. On the exchange homepage, click on “Buy/Sell” or “Markets” at the top of the screen. After this, type ASTER in the search bar to proceed with purchasing.

2. On the Buy/Sell page, click the “Buy” button to start your transaction. If you do not have an account, you will need to create one; if you do, just log in.

3. Enter the amount of Turkish Lira you want to spend for the purchase and proceed. Once you’ve decided on the amount to deposit, confirm the transaction. The exchange will automatically check your account balance. If sufficient, it completes the transaction. If not, you can fund your account with a TL deposit option.

4. In the final step, click the “Buy” button once more to confirm the transaction. Your cryptocurrency purchase will immediately execute, and the acquired crypto assets will be credited to your account shortly.

Disclaimer: This article does not contain investment advice or recommendations. All investment and trading activities involve risks, and readers should conduct their own research before making decisions.