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
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\u2019s 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\u2019ll be bought back won\u2019t disappear. They\u2019ll go directly to stakers after being added to the protocol\u2019s 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\u2019s still a long way to go before the burn target is reached.<\/p>\n News of the new tokenomics mechanism had an immediate effect in the market.\u00a0It saw ASTER\u2019s 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>","protected":false},"excerpt":{"rendered":" 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. The #48-ranked cryptocurrency witnessed a massive rebound shortly after the announcement but has since given back most of those […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-183138","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/183138"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=183138"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/183138\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=183138"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=183138"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=183138"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Where ASTER Stands Now<\/h2>\n