Aster Price Surges 5.38% on AOS-2 Activation and Perp DEX Sector Rotation
The price of Aster (ASTER) has surged by 5.38% in recent hours due to several key drivers, according to data from CoinMarketCap.
The primary catalyst behind this move is the activation of AOS-2 on Aster's perp DEX, which increases locked supply and fee buybacks.
This protocol upgrade pulls real supply out of circulation, making it a direct contributor to ASTER's price increase. Furthermore, any project can now list perpetual markets by locking 1M ASTER for 4 years, further amplifying the token's locked supply.
Aster is already one of the largest perp DEXs by 30-day volume and open interest, ranking number 2 behind Hyperliquid.
The AOS-2 activation also highlights the token's strong financials, with a June change routing 99% of daily platform fees into ASTER buybacks for stakers.