Aster DEX Faces Withdrawal Snags as Token Rallies to $0.40 With Eyes on Hyperliquid

• Aster token surges 300% to $0.40, but Arbitrum withdrawals stall as traders eye Hyperliquid’s lead.
• Binance-backed Aster jumps to $1.85B TVL, fueling talk it could challenge Hyperliquid’s $15.7B cap.
• Analysts project Aster could climb toward $4, but withdrawal snags leave traders cautious near $0.50.

Aster DEX has been under fire after users flagged failed token withdrawals on Arbitrum. The team told customers that funds remain safe and said fixes are underway, with BNB chain withdrawals already restored.

“We are still working to resolve the withdrawal issue on the Arbitrum network. It will take about 4 hours approximately. Please rest assured that your funds are SAFU on chain,” Aster team noted. 

Withdrawals Stuck on Arbitrum

The disruption hit only days after Aster’s September 17 airdrop dropped 704 million ASTER tokens, a flood of activity that s…

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