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USD1 Launches Perpetual Contract Trading Pair on Aster DEX, Eric Trump Says

Aster states it has expanded its partnership with World Liberty Financial by launching USD1-denominated perpetuals, adding WLFI incentives, fee details, and support for USD1 as margin and collateral.

BTC
ETH
SOL

Summary

Aster officially announced a deeper partnership with World Liberty Financial, expanding the earlier USD1 listing on Aster DEX into USD1-denominated perpetual trading with BTC, ETH, and SOL pairs. According to the announcement, the rollout includes up to 2.5 million WLFI token rewards per month, 0 basis point maker fees, and 0.5 basis point taker fees. Aster also said USD1 will be supported as margin and collateral ahead of Aster Chain.

Terms & Concepts
  • USD1-denominated perpetuals: Perpetual futures contracts quoted and settled using USD1, allowing traders to gain exposure to crypto price movements without a fixed expiry date.
  • WLFI token rewards: Token incentives distributed through the platform, in this case offering up to 2.5 million WLFI per month under the new partnership rollout.
  • margin and collateral: Assets posted to open or secure leveraged trading positions; here, USD1 can be used to support perpetual trading activity on Aster.