{"id":44787,"date":"2026-06-18T19:23:15","date_gmt":"2026-06-18T19:23:15","guid":{"rendered":"https:\/\/financialrush.com\/?p=44787"},"modified":"2026-06-18T19:23:15","modified_gmt":"2026-06-18T19:23:15","slug":"aster-flies-23-after-dex-redirects-99-fees-to-token-buybacks","status":"publish","type":"post","link":"https:\/\/financialrush.com\/?p=44787","title":{"rendered":"ASTER Flies 23% After DEX Redirects 99% Fees to Token Buybacks"},"content":{"rendered":"<p> \n<br \/><\/p>\n<div>\n<p>&#13;<br \/>\n\t\t\t\t\t\t\t\t\tThe latest change will significantly increase fee allocation compared to the previous Stage 5 model, which had pegged allocation at 80%.\t\t\t\t\t\t\t\t<\/p>\n<\/p><\/div>\n<div>\n<p>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<p>The #48-ranked cryptocurrency witnessed a massive rebound shortly after the announcement but has since given back most of those gains.<\/p>\n<h2 id=\"dex-pushes-token-buybacks-to-99-of-fees\">DEX Pushes Token Buybacks to 99% of Fees<\/h2>\n<p>In a post on X, the YZ Labs-supported perp exchange <a href=\"https:\/\/x.com\/Aster_DEX\/status\/2067217075089867086?s=20\" target=\"_blank\">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<p>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<p>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<p>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<p>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<h3 id=\"you-may-also-like\" class=\"heading-4\">You may also like:<\/h3>\n<h2 id=\"where-aster-stands-now\">Where ASTER Stands Now<\/h2>\n<p>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<p>Back in December 2025, the exchange <a href=\"https:\/\/cryptopotato.com\/aster-to-allocate-up-to-80-of-daily-fees-for-aster-buybacks\/\">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<p>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<p>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<p>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<div class=\"code-block code-block-12\" style=\"margin: 8px 0; clear: both;\">\n<div><center><span style=\"font-size:11px; color: gray;\">SPECIAL OFFER (Exclusive)<\/span><\/center><br \/>\n<b>Binance Free $600 (CryptoPotato Exclusive): <a href=\"https:\/\/cryptopotato.com\/binance600f\/\" rel=\"nofollow\" onclick=\"if(typeof gtag === 'function') { gtag('event', 'footer_ad_ta_click', {'page_path': window.location.pathname, 'exchange': 'binance', 'link_type': 'main'}); }\">Use this link<\/a> to register a new account and receive $600 exclusive welcome offer on Binance<\/b> (<a href=\"https:\/\/cryptopotato.com\/binance600d\/\" rel=\"nofollow\" onclick=\"if(typeof gtag === 'function') { gtag('event', 'footer_ad_ta_click', {'page_path': window.location.pathname, 'exchange': 'binance', 'link_type': 'full_details'}); }\">full details<\/a>).<\/p>\n<p><b>LIMITED OFFER for CryptoPotato readers at Bybit: <a href=\"https:\/\/cryptopotato.com\/pl\/bybit24\/\" rel=\"nofollow\" onclick=\"if(typeof gtag === 'function') { gtag('event', 'footer_ad_ta_click', {'page_path': window.location.pathname, 'exchange': 'bybit', 'link_type': 'main'}); }\">Use this link<\/a> to register and open a $500 FREE position on any coin!<\/b><\/p>\n<\/div>\n<\/div>\n<p><!-- CONTENT END 1 --><\/p><\/div>\n\n<br \/><a href=\"https:\/\/cryptopotato.com\/aster-flies-23-after-dex-redirects-99-fees-to-token-buybacks\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"&#13; The latest change will significantly increase fee allocation compared to the previous Stage 5 model, which had&hellip;\n","protected":false},"author":2,"featured_media":39468,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"class_list":["post-44787","post","type-post","status-publish","format-standard","has-post-thumbnail","category-crypto","cs-entry","cs-video-wrap"],"_links":{"self":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/posts\/44787","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=44787"}],"version-history":[{"count":0,"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/posts\/44787\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/media\/39468"}],"wp:attachment":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=44787"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=44787"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=44787"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}