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YZi Labs-Backed Perp DEX Aster Delays Airdrop Over Knowledge Points

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Aster (ASTER), the decentralized change backed by Binance founder Changpeng Zhao’s funding agency YZi Labs, has postponed its upcoming airdrop after figuring out “potential information inconsistencies.”

Key Takeaways:

  • Aster delayed its airdrop after uncovering potential information inconsistencies affecting some consumer allocations.
  • The postponement follows consumer complaints about inaccurate outcomes from the venture’s “S2 airdrop checker” software.
  • DeFiLlama additionally suspended Aster’s buying and selling information amid Binance-like quantity correlations.

Initially set for October 14, the airdrop will now happen on October 20, pending inside verification, the crew introduced on Friday.

Aster Guarantees Honest Changes After Customers Flag Airdrop Allocation Errors

The Aster crew stated it will replace “sure customers’ allocations the place wanted,” noting that “for many customers, allocations shouldn’t fall under the ultimate snapshot RH% in every epoch.”

The reason for the discrepancies was not absolutely detailed, however the choice follows consumer complaints about inaccurate outcomes from the “S2 airdrop checker” software launched earlier within the day.

One dealer claimed an allocation of solely 336 ASTER tokens regardless of having generated over $9 million in buying and selling quantity. In whole, 153,000 wallets are eligible for the Aster Genesis: Stage 2 airdrop.

Previously often called APX Finance, Aster is a cross-chain perpetual futures DEX working on Solana, Ethereum, Arbitrum, and BNB Chain.

The platform, which goals to rival Hyperliquid, recorded greater than $420 billion in buying and selling exercise final month, in response to The Block.

On the time of writing, ASTER is buying and selling close to $1.69, largely regular regardless of broader market weak spot pushed by renewed commerce tensions following Donald Trump’s announcement of 100% tariffs on Chinese language imports.

Final week, DeFiLlama briefly eliminated buying and selling quantity information for Aster after detecting unusually excessive correlations with Binance’s perpetual volumes.

Co-founder 0xngmi introduced the delisting on October 5, citing information integrity considerations after Aster’s XRP/USDT and ETH/USDT pairs confirmed almost 1:1 correlation ratios with Binance.

The analytics web site stated it lacks the granular information wanted to verify potential wash buying and selling, prompting the suspension till verification turns into attainable.

The transfer has divided the crypto neighborhood, sparking debate over whether or not the volumes had been manipulated or just mirrored a liquidity migration from Binance to Aster.

Blockchain investigator ZachXBT criticized Anndy Lian for downplaying the problem, whereas Lian argued that quantity alignment throughout main tasks is regular and that Aster’s exercise mirrors broader market habits.

Such an terrible take normalizing wash buying and selling is dangerous for the business
“I’m commenting on this pretty as an observer”
>Zero posts about HYPE and solely two posts mentioning HL which Aster was additionally referenced
>In the meantime virtually each different submit is about Aster
Worst factor Aster… pic.twitter.com/UoE1WX4OHm

— ZachXBT (@zachxbt) October 6, 2025

He added that aggressive spending to achieve market share is a enterprise choice, not essentially manipulation.

Aster Reimburses Merchants After XPL Worth Glitch Triggers Liquidations

Final month, Aster reimbursed customers in USDT after a sudden value spike within the XPL perpetual contract triggered pressured liquidations.

The anomaly, which occurred in the course of the transition from pre-launch to dwell buying and selling, noticed the value of XPL briefly surge to over $4, effectively above its $1.30 common on different platforms.

The change responded shortly, finishing the primary spherical of reimbursements inside hours and compensating affected merchants for liquidation and buying and selling charges.

Whereas the precise trigger stays unconfirmed, early hypothesis factors to a misconfigured index value or lacking sync with dwell market information. Aster has pledged to proceed its investigation into the incident.

The glitch adopted the mainnet launch of Plasma, a stablecoin-focused Layer 1 whose native token XPL quickly hit a $12 billion valuation.

The submit YZi Labs-Backed Perp DEX Aster Delays Airdrop Over Knowledge Points appeared first on Cryptonews.

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