Aster DEX just handed its tokenomics a structural overhaul, and its crypto token rockets. The announcement redirecting 99% of daily platform fees into automatic ASTER buybacks sent the token up over 10% on the day. Under the upgraded model, Aster executes TWAP buybacks across each day, settling on-chain to a public wallet. For every token repurchased, an equal amount is permanently burned from reserves, starting with team allocations. [Tokenomics Update] $ASTER Buyback and Burn Steps Up to 198% Aster is upgrading its buyback so the platform's own activity both rewards stakers and sets $ASTER on a deflationary path. Starting from 12:00 PM UTC today, 99% of Aster's daily platform fees buy back $ASTER . An equal… — Aster (@Aster_DEX) June 17, 2026 All bought-back tokens flow directly into Loyalty Rewards, stacked atop the existing 300,000 $ASTER base pool and distributed proportionally to veASTER lock weight. The protocol has already completed over $214 million in cumulative buybacks, reclaiming more than 143.38 million ASTER (7.11% of supply) in under a month. Aster has drawn consistent comparisons to Hyperliquid as institutional capital rotates toward on-chain derivatives infrastructure, making this tokenomics upgrade more than a housekeeping move. It’s a direct competitive signal. Discover: The Best Crypto to Diversify Your Portfolio Can ASTER Crypto Break $1? Before the crypto announcement, ASTER was trading in a tight range, consolidating under $0.7 after a brief spike to $0.76 months ago, a level it failed to hold. The token broke a short-term downtrend line in the lead-up to the announcement, posting a 12% rally in less than 2 hours, but resistance near $0.75 has rejected the price twice. Aster (ASTER) 24h 7d 30d 1y All time Support is long gone; it was clustered in the $0.63 demand zone, where every sell pressure has been absorbed. The 30-period moving average sits near $0.65, acting as a short-term floor. RSI hovering near 61 signals moderate bullish momentum. For its crypto holders, daily buybacks of $2–3 million would compress supply steadily, and unlock pressure from the locked airdrop wallet might be absorbed. If all those happen, ASTER could clear $1 to open a path toward $1.50 once again. Discover: The Best Token Presales Bitcoin Hyper Eyes Early-Stage Entry as ASTER Tests Structural Resistance ASTER’s 10% pop on strong tokenomics news underscores a familiar dynamic: the market rewards supply-side discipline, but established tokens with billions of market cap face a different risk/reward than early-stage entries. At this market cap, the multiple is compressed. The asymmetry has already been partially priced. That’s exactly where traders with a different time horizon start looking elsewhere. Bitcoin Hyper ($HYPER) is a Bitcoin Layer 2 presale building what it bills as the first-ever BTC L2 with Solana Virtual Machine (SVM) integration, targeting sub-second finality on top of Bitcoin’s security layer. The pitch directly addresses Bitcoin’s three structural constraints: slow throughput, high fees, and limited programmability. Hard numbers: presale price sits at $0.0136 , total raised has crossed $32.8 million , and staking carries a high APY for early lockers. The Decentralized Canonical Bridge handles native BTC transfers without custodial wrapping. The DEX token game might be too late to enter, and Bitcoin layer 2 could be the next narrative. Research Bitcoin Hyper before the next stage closes. The post Aster Crypto Explodes: Buyback and Burn News Sends Hyperliquid Rival Up 10% appeared first on Cryptonews .
