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What is Aster DEX? How to Use It?

Emre Yumlu — Tue, 23 Sep 2025 11:00:30 +0000

Aster DEX is a decentralized exchange platform that has recently garnered attention in the cryptocurrency world. Highlighted by a rare chart shared by Binance founder CZ, Aster DEX was established in July under the name Aster Chain, backed by YZi Labs (formerly Binance Labs) and PancakeSwap. Aiming to compete with platforms like Hyperliquid, it has achieved a trading volume of $1.11 billion in the derivatives market. In this article, we will explore what Aster DEX is and how to use it in detail.

What is Aster DEX?

Aster DEX is a next-generation decentralized perpetual exchange born from the 2024 merger of Astherus and APX Finance. It offers deep on-chain liquidity, one-click trading, and advanced tools for professional traders. The platform features two trading modes: Pro Mode with a full order book interface and low fees, and 1001x mode, providing on-chain, MEV-resistant one-click perpetuals.

The platform supports major networks including Ethereum, BNB Chain, Solana, and Arbitrum, with spot trading fees at 0.10% maker and 0.04% taker, and perpetuals at 0.035% maker and 0.01% taker. While spot trading is limited, offering 8+ crypto pairs, perpetuals cover 93+ contracts, including crypto, forex, and stocks, with up to 100x leverage.

Purpose of Aster DEX

Aster DEX aims to make trading simple and powerful, supporting spot trading (token swaps), perpetual trading (leveraged futures contracts), and 1001x degen trading. The high-leverage 1001x mode, covering only BTC and ETH pairs, carries a risk of rapid liquidation, so starting small with proper risk management is recommended.

How to Use Aster DEX?

Depositing and withdrawing on Aster DEX requires attention to the correct wallet address and network due to its decentralized nature.

Before You Start:

EVM-Compatible Wallet: A wallet like MetaMask that supports Ethereum, Arbitrum, BNB Chain, and Solana.
Funds in Web3 Wallet: Direct fund transfers to Aster DEX are not possible; connect a wallet and use the platform’s deposit function.

Click here to open an Aster DEX account at a discount and benefit from the opportunities.

Depositing to Aster DEX

Open your browser and visit the official site.
Click the “Connect Wallet” button in the top-right corner to link your wallet.
Press the “Deposit” button.
Select the Perpetual or Spot account.
Choose the correct network and token (e.g., BNB Chain and USDT for USDT on BNB Chain).
Enter the amount to deposit and click “Deposit.”

Once the transaction is approved, funds move from your Web3 wallet to Aster DEX, becoming available for trading. Aster DEX charges no extra deposit fees; only network fees apply, varying by blockchain.

Withdrawing from Aster DEX

Click the “Deposit” button in the top-right corner.
Switch to the “Withdraw” tab in the pop-up window.
Select the account holding your funds (Perpetual or Spot).
Choose the network and token for the transfer.
Enter the withdrawal amount and click “Withdraw.”

Transferring Funds Between Aster DEX Accounts (Spot to Perpetual)

In the Aster DEX Spot interface, scroll to the “Account” section below the trading tools.
Click the “Transfer” button.
Set the transfer direction (Spot → Perpetual or vice versa).
Select the token to transfer.
Enter the amount and click “Transfer.”

Internal transfers update instantly with no gas fees.

Trading Perpetuals on Aster DEX

Aster DEX offers 93+ perpetual contracts for crypto, forex, and stocks with up to 100x leverage. Fees are competitive: 0.035% maker and 0.01% taker.

Visit the official site and connect your wallet (use a referral link if available).
Click the “Perpetual” tab.
Select a trading pair from the “Asset” menu.
Choose an order type (Market or Limit) from the right-hand side.
Set the margin type (Cross or Isolated) and leverage (up to 100x).
Enter the entry price and trade size.
Click “Buy/Long” or “Sell/Short” and confirm in your wallet.

For high-leverage 1001x mode, switch to the “1001x” tab; it supports BTC/ETH pairs with up to 1000x leverage for high-risk traders.

Trading Spot on Aster DEX

Spot trading offers 8+ crypto pairs with fees of 0.10% maker and 0.04% taker. The native $ASTER token can be purchased on the platform.

Click the “Spot” tab.
Select a token from the “Asset” menu.
Choose an order type (Market or Limit) from the right-hand side.
Enter the trade amount or use the percentage toggle.
Click “Buy” or “Sell” and confirm in your wallet.

Aster DEX provides a robust decentralized exchange experience for both spot and derivatives trading. With multi-chain support, low fees, and high leverage options, it stands out as a compelling alternative, especially for professional traders.

For beginners, wallet connection and deposit-withdrawal processes may seem complex, but following the steps makes it straightforward.

Also, click to read our project review article titled “What is AsterDEX?”

Aster DEX & $ASTER Token: APX Migration Explained

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What Is a Smart Follower and How to Attract One?

Yigit Taha OZTURK — Mon, 02 Jun 2025 07:00:24 +0000

Crypto content creation is no longer just about posting. It’s equally important who sees your content and who interacts with it. The new generation of social reward platforms introduces a powerful concept: Smart Follower.

This idea doesn’t focus on the number of followers, but on who those followers are. Today’s content creators aim not for random mass audiences but for influential accounts with deep knowledge. Platforms like cookie.fun and Kaito are designed around this logic, helping creators reach a more targeted, meaningful audience.

So, who exactly are these Smart Followers? Why are they so important? And more importantly: how can you attract them?

Who Is a Smart Follower?

A Smart Follower isn’t your average social media fan. These are users on X (formerly Twitter) who are usually experts in their fields, active in the crypto space, and respected for sharing valuable insights. They often display special badges like “Inner Circle CT” and are usually seen as KOLs (Key Opinion Leaders).

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These users don’t just consume content—they amplify it. A like, retweet, or reply from a Smart Follower can drastically increase your content’s reach. Even more significantly, this kind of engagement directly contributes to rewards on platforms like cookie.fun and Kaito.

The top user holds an Inner Circle CT badge, qualifying them as a Smart Follower, while the bottom user, marked as Emerging CT, is considered Not a Smart Follower.

The Role of Smart Followers on Kaito and Cookie.fun

Both Kaito and cookie.fun are social engagement platforms that reward users for producing valuable content. But unlike traditional metrics, these platforms measure who interacts with your posts, not just how many people do.

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On Kaito, content creators earn “Yaps” based on the visibility and quality of their posts. If a Smart Follower interacts with your content, your Yap rewards increase significantly. Additionally, sharing meaningful insights about pre-TGE and post-TGE projects (like Eclipse, Monad, Abstract, Berachain, $ANIME, etc.) helps creators move up on the leaderboard.

cookie.fun, on the other hand, rewards interaction with social tokens. But it doesn’t reward generic engagement—it prioritizes meaningful interactions from reputable users. So, who interacts with your post is just as important as what the post says.

Screenshot of the Pre-TGE Mindshare Arena on the Kaito platform.

How to Earn Smart Followers?

Attracting Smart Followers requires both patience and strategy. Here are some proven methods:

Create Valuable Content: Don’t just repeat what everyone else is saying. Offer original takes and thoughtful analysis. Sharing insights on trending projects from Kaito or cookie.fun leaderboards (like Eclipse, Monad, MegaETH) adds value.
Engage With Accounts on X: Smart Followers are often the ones shaping discussions on X. Engage with them sincerely and constructively, especially on timely topics.
Be Consistent and Reliable: It’s rare to see overnight results. But consistent, high-quality content builds trust and visibility over time.
Comment on Projects and Trends: Sharing your thoughts on topics like crypto x AI, and key VCs such as a16z and Binance Labs, or analyzing pre/post-TGE trends, positions you as a credible content creator.

By applying these methods, you don’t just create content—you make sure it reaches the right people. And that’s what ultimately boosts your ability to earn more Yaps and gain recognition across these platforms.

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Binance Alpha Lists PUFFER Token!

Yeliz Akmaca — Mon, 12 May 2025 09:59:39 +0000

Binance Alpha announced today that it has listed the $PUFFER token. This development, which has created excitement in the crypto world, has attracted the attention of investors. Binance Alpha is known as a platform that highlights early-stage projects. $PUFFER is the token of Puffer Finance, an Ethereum-based liquid restaking protocol. This listing has increased the project’s visibility. It is also known that Binance Labs invested in Puffer in 2024.

Following the listing, the $PUFFER price surged rapidly. According to PANewsCN, the token reached $0.4434, marking a 56.89% increase. It is currently trading around $0.29. Investors are closely monitoring the opportunities offered by the platform. Additionally, the $PUFFER token is traded on Gate.io, Bitget, Bybit, KuCoin, and Binance Alpha exchanges.

What is PUFFER and Why is it Important?

Puffer Finance is an innovative project in Ethereum’s decentralized finance (DeFi) ecosystem. It offers a native liquid restaking protocol (nLRP). This system enhances Ethereum staking rewards and reduces risks for validators. In other words, Puffer strengthens decentralization using EigenLayer technology. The support from Binance Labs increases the project’s credibility.

Moreover, Puffer’s UniFi AVS and Based Rollup products offer innovative solutions that enhance Ethereum’s scalability and transaction speed. The Liquid Restaking Token (LRT) feature allows users to utilize staked ETH in DeFi protocols to earn additional yields. $PUFFER also provides reward opportunities for BNB Chain users. The project’s open-source technologies are attractive to developers. Additionally, Puffer’s Layer 2 (L2) solutions provide scalability. These features make $PUFFER stand out in the crypto market.

Binance Alpha is designed to introduce early-stage tokens. The platform operates within the Binance Wallet and enhances transparency. Users can purchase tokens using the Quick Buy feature. This makes transactions fast and secure. Additionally, Binance Alpha projects typically have high return potential. The project has raised a total of $24.47 million from leading investors such as Binance Labs, Brevan Howard Digital, and Coinbase Ventures.

**THIS IS NOT INVESTMENT ADVICE***

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Bybit Announces Listing of a New Coin!

Yigit Taha OZTURK — Tue, 25 Mar 2025 13:30:39 +0000

Bybit has announced that it will list KiloEx ($KILO), a decentralized perpetual contract platform backed by Binance Labs. KiloEx stands out as a DEX platform with multi-chain support and a user-friendly experience.

What is KiloEx?

KiloEx supports BNB Chain, opBNB, Manta, Taiko, and Base, offering gas fee payments in USDT and USDC, eliminating the need for native tokens. The platform enables no-signature transactions and provides an optimized trading speed, delivering a CEX-like experience.

Click to Register to Bybit Exchange with Discounted Commission!

Growing Interest in KiloEx!

In August 2023, YZi Labs invested in KiloEx, AltLayer, Kinza, and Sleepless AI. KiloEx is also a BNB Chain Airdrop Alliance member.

Recent data shows:

Open contract value: $8 million
Total users: 400,000+
TVL (Total Value Locked): Dropped from $50 million to $38 million (DeFiLlama data)

With its robust trading infrastructure and airdrop incentives, KiloEx continues to attract investors. Bybit’s $KILO listing is expected to drive further adoption.

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Critical Levels on the Pnut Chart: Technical Analysis!

Yigit Taha OZTURK — Fri, 17 Jan 2025 11:55:15 +0000

We are heading into a Friday, a day where market movement is often anticipated. Notably, the Pnut chart displays a prominent ascending wedge formation. In this article, we’ll break down Pnut’s technical outlook and highlight key points to watch.

Technical Analysis: Key Levels for Pnut

On the hourly timeframe, indicators show a positive outlook. The narrowing of the Bollinger Bands (BB) suggests that a volatile move may be imminent. Additionally, the price has reached support, and indicators are currently emitting bullish signals. However, from a broader perspective, there are some risk factors to consider.

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A significant liquidity pool has accumulated at the $0.58 level in the lower region. This increases the likelihood of the price being drawn toward this level. If liquidity is targeted, a short-term pullback may occur. Moreover, the potential for the price to fill gaps in the lower regions is another critical factor that investors should watch closely. For this reason, entering a position at the current levels carries notable risk.

Target Levels and Position Management

In the target region, it’s important to consider the upward potential of the price. Position management, including profit-taking strategies, should account for the market’s dynamic nature. Additionally, the possibility of prices reaching higher levels shouldn’t be overlooked.

In summary, while the current support level offers a short-term positive outlook, it also carries risks. The $0.58 level holds critical importance, and waiting for a pullback to this level may provide a more secure strategy. Tracking price movements in the target region is essential for effectively managing positions.

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Sonic SVM Launches Multimillion-Dollar Fund for Web3 Gaming and AI Agents

Emre Yumlu — Thu, 09 Jan 2025 07:33:57 +0000

Sonic SVM and Galaxy Interactive launch multi-million dollar Fund for Web3 gaming and AI.

Sonic, a Solana layer-2 blockchain, and venture investment firm Galaxy Interactive have announced a new fund aimed at advancing Web3 gaming and other emerging cryptocurrency sectors. This announcement comes as interest in artificial intelligence agents is on the rise.

Sonic, the first gaming-focused Solana Virtual Machine (SVM) L2 network, unveiled G.A.M.E. (Game, AI, Meme, Ecosystem) Fund 1 to accelerate the development of Web3 games, AI agents, and social media content creation tools on HyperGrid.

The fund will offer up to $1 million in support per project, with no limit on the number of accelerator participants.

Additionally, the fund will provide technical and infrastructure support, marketing and user acquisition assistance, and integration with Sonic’s TikTok Applayer, which now has over 2 million users.

According to Sam Englebardt, founding general partner at Galaxy Interactive, Sonic could bridge the gap between traditional Web2 and Web3 gaming worlds:

“This fund represents our commitment to backing visionary teams who are building the future of interactive entertainment, leveraging AI and social platforms in novel ways.”

The fund has made its first investment in Gomble Games, a Binance Labs and Animoca Brands-backed protocol transforming traditional Web2 games into Web3.

Gomble Games has reported over 110 million unique users worldwide across 230 games, after becoming the most downloaded mobile game app in South Korea in 2023.

SONIC/USD, All-Time Chart

The announcement follows the Sonic SVM (SONIC) token generation event on January 7, where the token reached a market cap of $365 million within the first 24 hours, according to CoinMarketCap data.

Chris Zhu, founder and CEO of Sonic SVM, stated that Web3 gaming adoption will be driven by AI agents through infinite virtual experiences.

Zhu: “We can see AI creating massive interfaces for humans to interact with the digital and real worlds. Sonic is focused on helping teams build towards infinite, asset-driven gaming experiences powered by AI.”

Multimodal AI agents, capable of interacting across social media platforms like X and TikTok, represent the greatest growth potential.

Zhu: “As agent creation and interaction become more sophisticated, there is a direct link between these agents’ social influence and economic value, and Sonic is at the perfect intersection for that.”

Interest in AI agents surged after Luna, an AI agent on Virtuals Protocol, executed an autonomous transaction with another AI agent on the blockchain on January 2, according to reports.

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What is Solayer (LAYER)?

Yigit Taha OZTURK — Tue, 07 Jan 2025 19:00:16 +0000

Solayer is an advanced restaking protocol built on the Solana blockchain. This protocol enhances the performance of on-chain decentralized applications (dApps) by providing higher network bandwidth while improving Layer 1 (L1) security. It allows users to restake their already staked assets, securing multiple networks simultaneously. This approach provides additional security layers using existing tokens without requiring extra capital.

What is Solayer (LAYER)?

sSOL is the token that represents staked SOL within the Solayer protocol. Users can stake their SOL tokens through Solayer to mint sSOL.

Restaking: Users can restake their sSOL to secure other networks.
Delegation: sSOL can be delegated to validators or Automated Validator Sets (AVS).
Liquidity Provision: In the future, sSOL will be usable for providing liquidity in DeFi applications.
Reward Claiming: sSOL enables users to claim staking rewards.

Core Features and Functions

Restaking Mechanism: Users can maximize the efficiency and earning potential of their assets by restaking SOL tokens.
Shared Validator Network: Offers a secure and efficient validator network for verification processes.
Reward Distribution: Participants in the restaking process earn rewards, encouraging active engagement.
User-Friendly Interface: Provides an intuitive interface for managing restaking activities seamlessly.

Why Built on Solana?

Solayer was founded by Rachel Chu and Jason Li on Solana due to its high transaction speed and low costs. Solana’s robust ecosystem and active community offer a strong foundation for Solayer’s growth, ensuring users a smooth and efficient restaking experience.

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Solayer’s Architecture

Restaking Pool Manager

Asset Flow Management: Converts SOL or Liquid Staking Tokens (LSTs) into Solayer-specific tokens (e.g., sSOL).
Token Minting: Provides Solayer tokens for users to participate in liquidity reward programs.

Shared Validator Network (SVN)

Cross-Chain Compatibility: Enables security sharing across different chains.
Optimized Resource Distribution: Allocates network resources effectively based on staking volume.

Solayer Restaking Mechanism

Solayer allows users to restake their native SOL tokens through the following steps:

SOL tokens are converted into an intermediate form called sSOL-raw.
sSOL-raw is then converted into sSOL, which is returned to the user.
All transactions are performed in a single operation.

Supported LSTs include:

Marinade-SOL (mSOL)
JITO-SOL (JITO-SOL)
Blaze-SOL (bSOL)
Infinity-SOL (INF)

Investors

Solayer’s seed round attracted top-tier investors such as Polychain Capital and Hack VC, who led the funding. Other key contributors include Binance Labs, Bitscale Capital, Big Brain Holdings, and Borderless Capital. These investors collectively enabled Solayer to raise $12 million in funding, achieving a valuation of $80 million, reinforcing confidence in the project’s innovative technology and multichain-focused vision.

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What is Xterio (XTER)?

Yigit Taha OZTURK — Thu, 26 Dec 2024 19:30:24 +0000

Xterio is transforming the gaming world by merging free-to-play games with the power of Web3 technology and digital ownership, offering players a brand-new experience.

Supported by Binance Labs, Xterio goes beyond being just a gaming platform. It allows users to truly own digital assets and earn rewards, taking gaming to the next level.

Xterio: The Future of Gaming with Web3 Integration

Xterio is a global game developer that combines AAA-quality games with blockchain technology.

Players can enjoy free-to-play games while gaining digital ownership through NFTs and other blockchain-based assets. Items like collected characters, in-game items, or digital artworks are entirely under the player’s control.

A Comprehensive Ecosystem for Players and Creators

Xterio not only merges gaming and blockchain but also provides an integrated NFT marketplace where users can trade, collect, and showcase NFTs.

Whether you’re a gamer or a digital artist, Xterio offers endless opportunities for creativity and interaction.

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One standout feature of the platform is the Launchpad, designed to support the launch and growth of new projects in the Web3 gaming space. Additionally, the AI Art Gala allows users to create and trade digital artworks, opening new avenues for creativity.

Exclusive Rewards and the $XTER Token Airdrop

Players can earn exclusive rewards by playing games, collecting NFTs, and participating in campaigns. One of the most exciting opportunities is the $XTER token airdrop, which will occur after the Token Generation Event (TGE).

During this airdrop, users can earn XTER points by playing the Age of Dino mini-game, collecting NFTs, and engaging in other gaming campaigns.

Stay updated on the latest information about the $XTER token and airdrop through Xterio’s official channels and AirdropAlert. The conversion rate of XTER points to $XTER tokens will be revealed during the TGE, offering greater incentives for early participants.

Guide to Joining the Xterio Airdrop

Xterio creates an exciting future for players by combining entertainment, rewards, and digital ownership. As a leading project in the Web3 space, the platform offers limitless opportunities for its users.

By providing the ability to truly own digital assets, play high-quality games, and earn rewards through various activities, Xterio is transforming the gaming landscape.

With its innovative approach to blockchain and NFTs, Xterio is set to become a prominent name in Web3 gaming. Stay tuned for the $XTER token airdrop, and step into the immersive world of Xterio today!

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What Is BIO Protocol (BIO)?

Emre Yumlu — Mon, 23 Dec 2024 11:39:14 +0000

BIO Protocol (BIO), enables scientists, patients, and investors to collaboratively fund, develop, and own medicines and treatments through the BioDAO network.

Recently, Binance Labs announced its investment in BIO Protocol (BIO), a pioneering protocol transforming the way early-stage scientific research is funded and commercialized using blockchain technology. This investment marks Binance Labs‘ first step into the Decentralized Science (DeSci) sector, signaling promising potential for the future of the industry.

So, What Does BIO Protocol Promise?

BIO can be thought of as a Y Combinator for on-chain science. The platform enables a global community of scientists, patients, and investors to collectively fund, develop, and co-own new medicines and treatments through the network of Biotechnology Decentralized Autonomous Organizations (BioDAOs).

The protocol’s innovative approach addresses critical gaps in traditional scientific funding, particularly in areas like rare diseases, longevity research, and emerging health issues.

Currently, BIO’s network consists of seven BioDAOs, focusing on various fields such as cryopreservation, women’s health, and psychedelics for mental health.

The next group of projects within the protocol includes efforts to accelerate treatments for COVID and rare diseases, as well as the development of quantum microscopes to observe quantum biological phenomena.

This will further expand the reach and impact of community-driven science.

This new funding will support the expansion of the BioDAO ecosystem, provide seed funding for new BioDAOs, and strengthen the network of service providers offering community and token economics support.

This will help realize BIO’s vision of creating an autonomous infrastructure for scientific funding and acceleration, supported by advancements in artificial intelligence, drug design, and open-source computational biology.

Andy Chang, Investment Director at Binance Labs:

“BIO Protocol represents a significant step forward in DeSci by combining biotechnology and DeFi. At Binance Labs, we are committed to unlocking groundbreaking advancements that create long-term, real-world impact by supporting projects that build meaningful technologies; this approach closely aligns with our investment in BIO.”

What Is BIODAO?

BioDAOs are community-owned intellectual property (IP) creation engines focused on a specific area of biotechnology. These DAOs develop and commercialize biotechnology IP by minting IP-NFTs and IP Tokens (IPTs), establishing companies, and licensing IP to traditional biotech firms.

The proceeds generated are returned to the bioDAO treasuries to fund the next generation of R&D and advance the bioDAO’s mission.

BioDAOs typically focus on emerging scientific fields where liquidity is limited, talent and data are scattered, and traditional biotech companies are not yet ready to invest, but are willing to de-risk.

For example, they operate in areas such as longevity (VitaDAO), women’s health and fertility (AthenaDAO), and synthetic biology (ValleyDAO).

To date, bioDAOs have emerged from leading university research labs such as Newcastle University, the University of Copenhagen, and Imperial College London, receiving support from prominent biotech venture capital firms like Pfizer Ventures, Northpond Ventures, and Fifty Years, as well as crypto and biotech leaders like former Coinbase CTO Balaji Srinivasan and Filecoin founder Juan Benet.

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Binance Labs Invests in Perena

Yigit Taha OZTURK — Wed, 11 Dec 2024 18:00:08 +0000

Binance Labs has invested in Perena, a leading stablecoin infrastructure protocol built on the Solana blockchain. Perena aims to bridge the gap between traditional finance and DeFi to create a more accessible, decentralized, and efficient financial system by addressing fragmentation within the stablecoin ecosystem.

Perena allows users to mint stablecoins, gain exposure to tokenized real-world asset yields, and access custom risk-reward profiles via a tranches system (collateralized debt position – CDP). The platform aims to address issues like liquidity inefficiencies and fragmentation within the stablecoin space while increasing capital efficiency.

Recently launched, Numéraire is Perena‘s stablecoin-focused AMM product, which reduces liquidity requirements for new stablecoin projects and enables greater diversification for users.

Binance Labs Investment

Binance Labs‘ investment will help Perena expand its global community, engage developers and educators, and build a more comprehensive stablecoin product suite on Solana.

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Max Coniglio, Investment Director at Binance Labs, said, “We remain committed to supporting early-stage projects that are driving the growth of the Web3 ecosystem. We’re excited to back Perena in its early stages and assist in onboarding the next wave of stablecoin users on Solana.”

Perena’s Vision

Anna, the founder of Perena, commented, “We are deeply honored to have Binance Labs as an investor and partner. Their support for our mission to build a robust on-chain financial system brings us one step closer to realizing our vision of pushing the cutting edge of finance.”

About Binance Labs

Binance Labs is a leading venture capital and incubator focused on supporting early-stage projects and driving the growth of the Web3 ecosystem. Since its founding in 2018, Binance Labs has consistently backed projects across all phases, regardless of market cycles.

About Perena

Perena is the first stablecoin infrastructure protocol built on Solana. Their mission is to revolutionize the digital asset space by merging traditional financial principles with cutting-edge DeFi innovations. Their stablecoin-focused product, Numéraire, is an AMM decentralized exchange that rewards liquidity providers and enhances diversification.

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