Yeliz Akmaca 
This week, one of the most remarkable developments in the crypto market was the rapid rise of Aster token. Supported by Binance founder Changpeng Zhao (CZ), Aster increased its price by 1,500% in just one week. Heavy whale purchases and CZ’s positive social media mentions fueled the token’s explosive growth.
CZ Support and Whale Buys Drive Price Up
Aster quickly emerged among decentralized perpetual trading platforms. CZ praised Aster on social media, highlighting its multi-chain support beyond BNB Chain. These statements drove demand for the token rapidly.
Data shows a whale spent $2 million to purchase 1,825,000 ASTER, leveraging Aave to boost the position. Additionally, trader @CookerFlips invested $1.24 million over three days and withdrew $6.7 million worth of tokens, netting over $5 million in profit. Consequently, Aster became the center of attention for both investors and speculators.
Aster Surpasses Hyperliquid in TVL
According to DeFiLlama, Aster’s total value locked (TVL) reached $886.65 million, surpassing Hyperliquid’s $681 million TVL. However, Hyperliquid still leads in monthly trading volume and open positions. On September 17, 2025, Aster (ASTER) traded at $0.09971, rising to $1.8694 by September 21, 2025—a 1,772% increase and a daily gain of 19.05%.
Aster is not limited to BNB Chain and supports multiple chains, offering hidden order features that differentiate it from other perpetual DEXs. These innovations attract investors and push the platform’s annual revenue toward $70 million.
CZ Effect and Future Outlook
Previously linked to the Binance ecosystem, Aster received investment from YZi Labs (formerly Binance Labs) last year. CZ’s endorsements and the platform’s multi-chain capabilities drew attention to Aster.
The token’s rapid rise positions it as a potential leader in the perpetual DEX market, while the crypto community closely watches new strategies and interest in the platform. This trend provides important insights into altcoin opportunities and investment signals.
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