ASTER Flies 23% After DEX Redirects 99% Fees to Token Buybacks

The Aster DEX unveiled an enormous change to its tokenomics on June 17, allocating 99% of charges generated by way of its platform to an ASTER token buyback, with one-to-one burns from its reserves for every token buy.

The #48-ranked cryptocurrency witnessed a large rebound shortly after the announcement however has since given again most of these positive factors.

DEX Pushes Token Buybacks to 99% of Fees

In a publish on X, the YZ Labs-supported perp alternate said its upgraded tokenomics mannequin went dwell at 12:00 PM UTC on June 17. Under the brand new framework, 99% of each day platform charges might be used to robotically purchase again ASTER by way of time-weighted common worth purchases executed all through the day and settled on-chain.

Every token purchased again will set off an equal burn from Aster’s reserve, with the workforce allocation burned first, leading to what they known as a 198% buyback: 99% repurchased and 99% burned from reserve.

However, the cash that’ll be purchased again gained’t disappear. They’ll go straight to stakers after being added to the protocol’s Loyalty Reward pool, which already distributes 300,000 ASTER in each epoch.

And the burn goal is sort of vital. Recall that the DEX launched with a complete provide of 8 billion tokens, and it intends to burn that down to 3 billion, which means greater than 60% of that provide has been earmarked for destruction.

CoinGecko states that the current circulating provide is at about 2.68 billion, whereas the whole provide is 7.82 billion, so there’s nonetheless a great distance to go earlier than the burn goal is reached.

Where ASTER Stands Now

News of the brand new tokenomics mechanism had a direct impact available in the market. It noticed ASTER’s worth leap 23%, going from round $0.64 to $0.79 per CoinGecko. But it has since given again a good bit of that achieve and was buying and selling close to $0.65 on the time of writing, nearly 73% under its September 2025 all-time high of $2.41.

Back in December 2025, the alternate announced an identical repurchase program, however on the time, the plan was to allocate 80% of each day charges to hoover up the token.

That was cut up between computerized each day buys, which took 40% of the charges, whereas one other 20% to 40% was to be held in a discretionary strategic reserve, permitting the platform to conduct focused purchases based mostly on market circumstances.

That announcement additionally coincided with a short worth uptick, with ASTER spiking 30% to $1.30, buoyed by information that ex-Binance CEO Changpeng Zhao was holding greater than $2.5 million value of the cryptocurrency.

The new plan has eliminated the strategic reserve method fully and pushed allocation a lot increased, with practically all platform payment income going into computerized buybacks.

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