Aster to host BMT spot and perpetual futures trading competition

Decentralized exchange Aster announced on its official X account that it is hosting a trading competition for its BMT/USDT spot and BMTUSDT perpetual futures trading pairs. The total prize pool consists of 50,000 ASTER and 2.27 million BMT. The campaign will run from 12:00 p.m. UTC on Jan. 29 to 2:00 p.m. UTC on Feb. 5. During this period, a 1.2x points multiplier will be applied to trading on the BMT spot and perpetual futures pairs. For the spot pair, a total of 2.27 million BMT will be distributed based on each participant's share of trading fees generated. For the perpetual futures pair, ASTER tokens equivalent to $50,000 will be allocated based on each participant's share of open interest, with the condition that positions must be held for a minimum of 15 minutes to qualify for rewards. The maximum reward per user is capped at 3% of each prize pool, and participants must generate at least $5 in trading fees to be eligible for the final distribution.