Quick breakdown
- Aster Chain will focus on decentralized trading utilities, not a full L1 ecosystem.
- Spot trading surged to $3.05B, prompting the early launch of Season 3.
- Token buybacks will follow a flexible, transparent model, guided by income and community feedback.
Aster prepares for season 3 with new trading-focused chain
In a recent interview with Trends founder Mable Jiang on September 29, Aster CEO Leonard revealed the project’s roadmap for its third phase, known as Season 3. The new stage centres on launching Aster Chain, a blockchain tailored for trading utilities rather than building an entire ecosystem.
Welcome to our live show! https://t.co/WDUdeE7UIe
— mable.sol (we\’re hiring (@Mable_Jiang) September 29, 2025
“Our aim is to ensure all trades on-chain remain transparent, verifiable, and privacy-preserving,”
Leonard explained. Unlike other layer-1 projects, Aster does not plan to add another generalized EVM chain, but instead will focus on creating a decentralized trading experience that mirrors the functionality of centralized exchanges.
For the first three to six months, the team will prioritize securing liquidity and enhancing UI/UX for smoother trading.
Spot trading surges to $3.05 Billion
Leonard highlighted the rapid growth of Aster’s token trading activity, with spot trading volume recently soaring to $3.05 billion. This surge pushed the team to accelerate Season 3, moving beyond perpetual contracts, which currently account for 90% of platform activity.
Spot trading, dominated by Aster’s native token, now represents an important growth area. The team also intends to support early-stage assets with instant listings and liquidity provision, leveraging one of the advantages of decentralized exchanges.
Token buyback to remain flexible
Addressing the project’s financial strategy, Leonard confirmed that Aster will implement token buybacks, though not on a fixed schedule. Unlike other protocols with predictable buyback patterns, Aster aims to keep flexibility in how income is reinvested.
“We will contribute a significant portion of our income to buybacks,”
Leonard said.
“But the exact percentage and frequency will depend on the project’s stage and community input.”
He emphasized that all buyback activity will be transparent and publicly verifiable, allowing community members to monitor fund allocation and influence decisions if needed.
Notably, Bybit recently released a new Crypto Insights report examining the explosive growth of decentralized perpetual exchanges and how newcomer Aster is challenging sector leader Hyperliquid.
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