CryptoMediaClub
Sunday, June 14, 2026
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
CryptoMediaClub
No Result
View All Result
Home All news

YZi Labs-Backed Perp DEX Aster Delays Airdrop Over Data Issues

12.10.2025
A A
0
119
VIEWS
ShareShare

Aster (ASTER), the decentralized exchange backed by Binance founder Changpeng Zhao’s investment firm YZi Labs, has postponed its upcoming airdrop after identifying “potential data inconsistencies.”

Key Takeaways:

  • Aster delayed its airdrop after uncovering potential data inconsistencies affecting some user allocations.
  • The postponement follows user complaints about inaccurate results from the project’s “S2 airdrop checker” tool.
  • DeFiLlama also suspended Aster’s trading data amid Binance-like volume correlations.

Originally set for October 14, the airdrop will now take place on October 20, pending internal verification, the team announced on Friday.

Aster Promises Fair Adjustments After Users Flag Airdrop Allocation Errors

The Aster team said it would update “certain users’ allocations where needed,” noting that “for most users, allocations should not fall below the final snapshot RH% in each epoch.”

The cause of the discrepancies was not fully detailed, but the decision follows user complaints about inaccurate results from the “S2 airdrop checker” tool released earlier in the day.

One trader claimed an allocation of only 336 ASTER tokens despite having generated over $9 million in trading volume. In total, 153,000 wallets are eligible for the Aster Genesis: Stage 2 airdrop.

Formerly known as APX Finance, Aster is a cross-chain perpetual futures DEX operating on Solana, Ethereum, Arbitrum, and BNB Chain.

The platform, which aims to rival Hyperliquid, recorded more than $420 billion in trading activity last month, according to The Block.

At the time of writing, ASTER is trading near $1.69, largely steady despite broader market weakness driven by renewed trade tensions following Donald Trump’s announcement of 100% tariffs on Chinese imports.

Last week, DeFiLlama temporarily removed trading volume data for Aster after detecting unusually high correlations with Binance’s perpetual volumes.

Co-founder 0xngmi announced the delisting on October 5, citing data integrity concerns after Aster’s XRP/USDT and ETH/USDT pairs showed nearly 1:1 correlation ratios with Binance.

The analytics site said it lacks the granular data needed to confirm potential wash trading, prompting the suspension until verification becomes possible.

The move has divided the crypto community, sparking debate over whether the volumes were manipulated or simply reflected a liquidity migration from Binance to Aster.

Blockchain investigator ZachXBT criticized Anndy Lian for downplaying the issue, while Lian argued that volume alignment across major projects is normal and that Aster’s activity mirrors broader market behavior.

Such an awful take normalizing wash trading is bad for the industry
“I am commenting on this fairly as an observer”
>Zero posts about HYPE and only two posts mentioning HL which Aster was also referenced
>Meanwhile almost every other post is about Aster
Worst thing Aster… pic.twitter.com/UoE1WX4OHm

— ZachXBT (@zachxbt) October 6, 2025

He added that aggressive spending to gain market share is a business decision, not necessarily manipulation.

Aster Reimburses Traders After XPL Price Glitch Triggers Liquidations

Last month, Aster reimbursed users in USDT after a sudden price spike in the XPL perpetual contract triggered forced liquidations.

The anomaly, which occurred during the transition from pre-launch to live trading, saw the price of XPL briefly surge to over $4, well above its $1.30 average on other platforms.

The exchange responded quickly, completing the first round of reimbursements within hours and compensating affected traders for liquidation and trading fees.

While the exact cause remains unconfirmed, early speculation points to a misconfigured index price or missing sync with live market data. Aster has pledged to continue its investigation into the incident.

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

The post YZi Labs-Backed Perp DEX Aster Delays Airdrop Over Data Issues appeared first on Cryptonews.

Share9Tweet6ShareSharePin2

Related Posts

Tether USDT Briefly Overtakes Ethereum in Market Cap: A $187B Wake-Up Call
All news

Tether USDT Briefly Overtakes Ethereum in Market Cap: A $187B Wake-Up Call

14.06.2026
0

For a few hours, earlier this week, Tether USDT stablecoin held a higher market cap than Ethereum, the first time...

Read moreDetails
Elon Musk SpaceX AI Predicts Incredible Bitcoin Price For Next 30 Days

Elon Musk SpaceX AI Predicts Incredible Bitcoin Price For Next 30 Days

14.06.2026
SEC Plan to Scrap Rule 611 Could Be the Biggest Regulatory Unlock Yet for Crypto Tokenized US Stocks

SEC Plan to Scrap Rule 611 Could Be the Biggest Regulatory Unlock Yet for Crypto Tokenized US Stocks

13.06.2026
Ripple CEO Accused Jamie Dimon of Lying About CLARITY Act And Called Out $20Bn Reason Why

Ripple CEO Accused Jamie Dimon of Lying About CLARITY Act And Called Out $20Bn Reason Why

13.06.2026
Stargate Finance (STG) Rallies 166% as Cross-Chain Liquidity Solutions Take Center Stage

Stargate Finance (STG) Rallies 166% as Cross-Chain Liquidity Solutions Take Center Stage

13.06.2026
Load More
Next Post
Quid Miner Cloud Mining App: A New Era of Free Cryptocurrency Mining with One Click on Your Smartphone

Quid Miner Cloud Mining App: A New Era of Free Cryptocurrency Mining with One Click on Your Smartphone

0 0 votes
Рейтинг статьи
Subscribe
Notify of
guest
guest
0 комментариев
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

Recommended

Binance.US Pulls out of $1 Billion Asset Purchase Deal With Voyager

3 years ago
$KAMA Ready to 50x? New PolitiFi Coin FreeDum Fighters Raises $300,000 – Less than 4 Hours Till Price Increase

$KAMA Ready to 50x? New PolitiFi Coin FreeDum Fighters Raises $300,000 – Less than 4 Hours Till Price Increase

2 years ago
$7.5 Billion Cap Giant Emerged in Sector of Decentralized AI Projects

$7.5 Billion Cap Giant Emerged in Sector of Decentralized AI Projects

2 years ago
Thailand Expands Crypto Integration Into National Economy

Thailand Expands Crypto Integration Into National Economy

1 year ago

Categories

  • All news
  • Altcoins
  • Analysis
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
No Result
View All Result

Highlights

Wholesale inflation is back in focus. Here’s what PPI means for your money and Bitcoin

Bitcoin faces one of its biggest mining difficulty drops as miner margins collapse

SEC Plan to Scrap Rule 611 Could Be the Biggest Regulatory Unlock Yet for Crypto Tokenized US Stocks

Legacy sportsbooks are chasing prediction markets that already trade billions each month

Ripple CEO Accused Jamie Dimon of Lying About CLARITY Act And Called Out $20Bn Reason Why

Are 24/7 CME Bitcoin futures a volatility cure — or a new leverage trap?

Trending

Tether USDT Briefly Overtakes Ethereum in Market Cap: A $187B Wake-Up Call
All news

Tether USDT Briefly Overtakes Ethereum in Market Cap: A $187B Wake-Up Call

14.06.2026
0

For a few hours, earlier this week, Tether USDT stablecoin held a higher market cap than Ethereum,...

Banks are buying Bitcoin vaults, but a quantum problem may be waiting inside

Banks are buying Bitcoin vaults, but a quantum problem may be waiting inside

14.06.2026
Elon Musk SpaceX AI Predicts Incredible Bitcoin Price For Next 30 Days

Elon Musk SpaceX AI Predicts Incredible Bitcoin Price For Next 30 Days

14.06.2026
Wholesale inflation is back in focus. Here’s what PPI means for your money and Bitcoin

Wholesale inflation is back in focus. Here’s what PPI means for your money and Bitcoin

13.06.2026
Bitcoin faces one of its biggest mining difficulty drops as miner margins collapse

Bitcoin faces one of its biggest mining difficulty drops as miner margins collapse

13.06.2026
  • All news
  • Altcoins
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
  • Analysis
Editor: cryptomediaclub.com@gmail.com
Advertising: digestmediaholding@gmail.com

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

wpDiscuz