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Binance announces ASTER listing despite wash-trading scrutiny
Binance has confirmed it will list Aster (ASTER) on October 6, 2025, advancing the decentralized exchange project onto one of the world’s largest crypto platforms. The move introduces three new spot trading pairs—ASTER/USDT, ASTER/USDC and ASTER/TRY—and comes as the token faces community allegations of wash trading.
Users will be able to begin depositing ASTER aster 11.69% Aster tokens starting from 09:00 UTC on the same day, while withdrawals will be enabled 24 hours later, at 12:00 UTC on October 7.
What the listing means for liquidity and investors
The Binance listing typically increases a token’s market visibility and can boost liquidity. Adding ASTER/USDT and ASTER/USDC helps global stablecoin trading access, while ASTER/TRY targets Turkish traders. Still, Binance applied a "Seed Tag" to ASTER—an internal risk flag usually assigned to volatile or thinly traded tokens—signaling extra caution for traders.
Community concerns: wash trading and DeFiLlama delisting
The listing follows DeFiLlama’s public decision to delist Aster’s perpetual futures data, citing suspicious trade patterns. DeFiLlama co-founder 0xngmi said certain Aster pairs mirrored Binance volumes 1:1, a pattern that raised wash-trading allegations across the crypto analytics community. While spot and TVL data remain on DeFiLlama, the removal of futures metrics prompted a short-lived sell-off.
Price reaction and market context
The native ASTER token slipped to about $1.80 after DeFiLlama’s announcement but has since recovered to roughly $2.00, a 3.9% gain in the past 24 hours, according to crypto.news data. The rebound suggests renewed buying interest, though volatility and low liquidity remain central risks for traders evaluating DEX tokens and newly listed assets.
Binance's guidance and best practices for traders
Binance’s listing notice included the platform’s standard user advisory: conduct your own research (DYOR) before trading any token, especially off-platform, and take steps to protect funds against scams and market manipulation. For traders and liquidity providers, practical precautions include:
- Checking on-chain liquidity and order book depth
- Reviewing token contract audits and DEX governance
- Monitoring volume sources and third-party analytics for unusual patterns
- Using limit orders and position sizing to manage volatility
Takeaway
Binance’s decision to list Aster increases on-ramps for the token but also highlights ongoing scrutiny around market integrity. The Seed Tag and DeFiLlama’s delisting of futures data underscore the importance of cautious trading, especially for decentralized exchange tokens with concentrated volume profiles. As ASTER begins deposits and later enables withdrawals, traders should weigh liquidity, volatility, and third-party analytics when deciding to participate in ASTER markets.
Source: crypto
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