{"id":1442,"date":"2026-06-18T20:07:39","date_gmt":"2026-06-18T20:07:39","guid":{"rendered":"https:\/\/xrpfaucet.site\/?p=1442"},"modified":"2026-06-18T20:07:39","modified_gmt":"2026-06-18T20:07:39","slug":"aster-flies-23-after-dex-redirects-99-fees-to-token-buybacks","status":"publish","type":"post","link":"https:\/\/xrpfaucet.site\/?p=1442","title":{"rendered":"ASTER Flies 23% After DEX Redirects 99% Fees to Token Buybacks"},"content":{"rendered":"
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\ud83d\udcf0 Exclusive Crypto News & Analysis:<\/strong> Stay ahead with the latest developments in the cryptocurrency and blockchain space.<\/p>\n

\ud83d\udcc8 Market Update:<\/strong> Real-time price movements, technical analysis, and trading signals.<\/p>\n

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The Aster DEX unveiled a huge change to its tokenomics on June 17, allocating 99% of fees generated through its platform to an ASTER token buyback, with one-to-one burns from its reserves for each token purchase.<\/p>\n

The #48-ranked cryptocurrency witnessed a massive rebound shortly after the announcement but has since given back most of those gains.<\/p>\n

DEX Pushes Token Buybacks to 99% of Fees<\/h2>\n

In a post on X, the YZ Labs-supported perp exchange said<\/a> its upgraded tokenomics model went live at 12:00 PM UTC on June 17.\u00a0Under the new framework, 99% of daily platform fees will be used to automatically buy back ASTER through time-weighted average price purchases executed throughout the day and settled on-chain.<\/p>\n

Every token bought back will trigger an equal burn from Aster’s reserve, with the team allocation burned first, resulting in what they called a 198% buyback: 99% repurchased and 99% burned from reserve.<\/p>\n

However, the coins that’ll be bought back won’t disappear. They’ll go directly to stakers after being added to the protocol’s Loyalty Reward pool, which already distributes 300,000 ASTER in every epoch.<\/p>\n

And the burn target is quite significant. Recall that the DEX launched with a total supply of 8 billion tokens, and it intends to burn that down to 3 billion, meaning more than 60% of that supply has been earmarked for destruction.<\/p>\n

CoinGecko states that the present circulating supply is at about 2.68 billion, while the total supply is 7.82 billion, so there’s still a long way to go before the burn target is reached.<\/p>\n

Where ASTER Stands Now<\/h2>\n

News of the new tokenomics mechanism had an immediate effect in the market.\u00a0It saw ASTER’s value jump 23%, going from around $0.64 to $0.79 per CoinGecko. But it has since given back a fair bit of that gain and was trading near $0.65 at the time of writing, almost 73% below its September 2025 all-time high of $2.41.<\/p>\n

Back in December 2025, the exchange announced<\/a> a similar repurchase program, but at the time, the plan was to allocate 80% of daily fees to hoover up the token.<\/p>\n

That was split between automatic daily buys, which took 40% of the fees, while another 20% to 40% was to be held in a discretionary strategic reserve, allowing the platform to conduct targeted purchases based on market conditions.<\/p>\n

That announcement also coincided with a brief price uptick, with ASTER spiking 30% to $1.30, buoyed by news that ex-Binance CEO Changpeng Zhao was holding more than $2.5 million worth of the cryptocurrency.<\/p>\n

The new plan has removed the strategic reserve approach entirely and pushed allocation much higher, with nearly all platform fee revenue going into automatic buybacks.<\/p>\n

The post ASTER Flies 23% After DEX Redirects 99% Fees to Token Buybacks<\/a> appeared first on CryptoPotato<\/a>.<\/p>\n

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\ud83d\udcf0 Exclusive Crypto News & Analysis: Stay ahead with the latest developments in the cryptocurrency and blockchain space. \ud83d\udcc8 Market Update: Real-time price movements, technical analysis, and trading signals. The Aster DEX unveiled a huge change to its tokenomics on June 17, allocating 99% of fees generated through its platform to an ASTER token buyback, …<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[],"class_list":["post-1442","post","type-post","status-publish","format-standard","hentry","category-news"],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/xrpfaucet.site\/index.php?rest_route=\/wp\/v2\/posts\/1442","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/xrpfaucet.site\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/xrpfaucet.site\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/xrpfaucet.site\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/xrpfaucet.site\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1442"}],"version-history":[{"count":0,"href":"https:\/\/xrpfaucet.site\/index.php?rest_route=\/wp\/v2\/posts\/1442\/revisions"}],"wp:attachment":[{"href":"https:\/\/xrpfaucet.site\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1442"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/xrpfaucet.site\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1442"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/xrpfaucet.site\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1442"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}