Aster launches USD1-based perpetual futures market

Decentralized exchange Aster (ASTER) has launched a perpetual futures market centered on USD1, the stablecoin from World Liberty Financial (WLFI), the project announced on its official X account. Alongside its existing USD1 spot pair trading competition, Aster is also holding a new competition for the perpetual futures pairs. Traders can participate in a monthly incentive program offering up to 2.5 million WLFI, which will be distributed weekly starting with the BTC/USD1, ETH/USD1, and SOL/USD1 pairs. Aster plans to add more than 10 additional USD1 pairs in the future. Monthly incentives will also be provided to users who hold USD1 on the exchange. The USD1 pairs feature a 0.005% taker fee and a 0% maker fee, lower than the 0.05% fee for USDT pairs. Like USDT, USD1 can be used as collateral or as an asset for margin trading.