Aster Amass $14.3M in Daily Fees to Rank Second-Highest Globally

Aster, a decentralized exchange (DEX) built on the BNB Chain, has witnessed a massive increase in its generated fees following the recent launch of its native token, Aster ($ASTER). According to data from DefiLlama, the platform has generated $69.56 million in transaction fees over the past seven days, following a notable increase of $14.33 million on Sunday, driven by heightened activity.

Remarkably, this keeps Aster as the world’s second-highest protocol with the most transaction fees generated. It has surpassed Circle and Uniswap, which have only recorded $7.7 million and $4.2 million, respectively. Due to Tether’s multiple means of fee generation, which include investments in USDT-backed assets and US Treasury Bills, it still maintains its position as the top, with $22.18 million in fees within the past 24 hours.

Massive $14.3M in Transaction Fees

A major contributor to the enormous transaction fees is the increased trading activity since the launch of $ASTER on September 17, 2025. Following the token’s debut, Aster unveiled an airdrop campaign that will run for the first 30 days after the token launch. The DEX plans to distribute about 704 million ASTER tokens, equivalent to 8.8% of the total supply, to eligible participants.

As a result, ASTER experienced a massive 360% surge, trading at $0.53 some hours after listing. A few days later, on September 23, it surged to its all-time high, surpassing the $2.4 mark, a more than 2,200% increase from its listing price. While the crypto market has been on a downtrend, it still maintains a stand above $1.9 at the time of writing.  

Additionally, the DEX introduced a new upgrade, allowing APX holders to deposit their tokens into their Aster Spot trading accounts and upgrade them to ASTER, making it easier for intending investors to convert APX to ASTER seamlessly. While this may not seem favorable for APX, the token has surprisingly remained on an uptrend, with an over 7% surge within the past 24 hours.

CZ Binance Announces Aster Involvement

In a recent X space hosted by the Aster community, Changpeng Zhao, founder of the renowned crypto exchange Binance, publicly called the Aster Protocol a “Strong Project.” He revealed that he serves as an advisor to the decentralized trading project and noted that Binance’s investment arm, YZi Labs, is a minority investor in Aster.

CZ also praised ASTER’s massive success within the first few days after launch. Remarkably, his involvement and support of the project has played a significant role in attracting more crypto maximalists and traders to Aster.

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