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Aster Postpones Token Airdrop After Users Flag Data Concerns

Aster Postpones Token Airdrop After Users Flag Data Concerns

  • Aster delays airdrop amid data inconsistencies and user complaints.
  • Users report unfair allocations as Aster reviews airdrop eligibility data.
  • Token remains stable while Aster reassures fairness in new schedule.

Aster, a decentralized exchange backed by Binance founder Changpeng Zhao’s YZi Labs, has announced a delay to its upcoming token airdrop following reports of “potential data inconsistencies.” The event, initially set for October 14, is now rescheduled for October 20 as the team reviews allocation data to address the discrepancies.


According to a statement released on Friday, the exchange intends to adjust certain users’ allocations where necessary. The team also clarified that for most participants, the final token count should remain above the snapshot percentage for each epoch. Despite the adjustment, the project assured users that it aims to maintain fairness across eligible wallets.


Aster, formerly known as APX Finance, operates as a cross-chain perpetual futures exchange across Solana, Ethereum, Arbitrum, and BNB Chain. The platform has positioned itself as a rival to Hyperliquid, which currently dominates the decentralized perpetuals market.


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Community Frustration Mounts as Allocations Spark Debate

The delay follows rising discontent among community members who reported unusually low token allocations using the newly launched “S2 airdrop checker.” One user claimed to have been allocated only 336 ASTER tokens despite generating $9 million in trading volume. Others expressed similar dissatisfaction, calling for greater transparency from the team.


Aster reported that approximately 153,000 wallets qualified for the second phase of its Genesis airdrop. The exchange’s previous token launch in mid-September contributed to a sharp increase in activity, recording $420 billion in trading volume last month, according to The Block.


Despite the current setback, the ASTER token has shown relative stability, trading around $1.69. The price movement remains muted even as broader crypto markets experienced a decline following President Donald Trump’s decision to expand tariffs on Chinese imports.


The ongoing review is expected to conclude before the new airdrop date. Market watchers believe Aster’s handling of this issue could determine how much confidence users retain in the exchange’s long-term vision.


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