The Aster DEX unveiled an enormous change to its tokenomics on June 17, allocating 99% of charges generated by way of its platform to an ASTER token buyback, with one-to-one burns from its reserves for every token buy.
The #48-ranked cryptocurrency witnessed a large rebound shortly after the announcement however has since given again most of these good points.
DEX Pushes Token Buybacks to 99% of Charges
In a put up on X, the YZ Labs-supported perp trade mentioned its upgraded tokenomics mannequin went stay at 12:00 PM UTC on June 17. Beneath the brand new framework, 99% of each day platform charges can be used to routinely purchase again ASTER by way of time-weighted common value purchases executed all through the day and settled on-chain.
Each token purchased again will set off an equal burn from Aster’s reserve, with the crew allocation burned first, leading to what they known as a 198% buyback: 99% repurchased and 99% burned from reserve.
Nevertheless, the cash that’ll be purchased again gained’t disappear. They’ll go on to stakers after being added to the protocol’s Loyalty Reward pool, which already distributes 300,000 ASTER in each epoch.
And the burn goal is sort of vital. Recall that the DEX launched with a complete provide of 8 billion tokens, and it intends to burn that down to three billion, which means greater than 60% of that offer has been earmarked for destruction.
CoinGecko states that the current circulating provide is at about 2.68 billion, whereas the entire provide is 7.82 billion, so there’s nonetheless a protracted technique to go earlier than the burn goal is reached.
The place ASTER Stands Now
Information of the brand new tokenomics mechanism had an instantaneous impact out there. It noticed ASTER’s worth leap 23%, going from round $0.64 to $0.79 per CoinGecko. However it has since given again a good bit of that acquire and was buying and selling close to $0.65 on the time of writing, nearly 73% beneath its September 2025 all-time excessive of $2.41.
Again in December 2025, the trade introduced an analogous repurchase program, however on the time, the plan was to allocate 80% of each day charges to vacuum up the token.
That was cut up between automated each day buys, which took 40% of the charges, whereas one other 20% to 40% was to be held in a discretionary strategic reserve, permitting the platform to conduct focused purchases primarily based on market circumstances.
That announcement additionally coincided with a short value uptick, with ASTER spiking 30% to $1.30, buoyed by information that ex-Binance CEO Changpeng Zhao was holding greater than $2.5 million value of the cryptocurrency.
The brand new plan has eliminated the strategic reserve strategy fully and pushed allocation a lot larger, with almost all platform payment income going into automated buybacks.
The put up ASTER Flies 23% After DEX Redirects 99% Charges to Token Buybacks appeared first on CryptoPotato.