Aster said 2,937,125.53 ASTER were repurchased using 99% of daily fees since June 17, 2026, and an equal amount worth about $1.85 million was burned from the team allocation.
Aster said it completed the first ASTER burn under its upgraded tokenomics model, with the transaction verifiable on-chain. The project said that since June 17, 2026, 99% of daily fees have been used to repurchase 2,937,125.53 ASTER for stakers, while an equal amount of ASTER was burned from the team allocation. Onchain Lens separately reported the burn at about 2.937 million ASTER worth roughly $1.85 million. The mechanism links protocol fee generation to buybacks and supply reduction, a common crypto tokenomics approach used to support stakers and reduce circulating supply.