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    Home » Aster Soars 23% as DEX Boosts Buybacks
    Crypto

    Aster Soars 23% as DEX Boosts Buybacks

    Staff ReporterBy Staff ReporterJune 18, 2026No Comments3 Mins Read
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    Quick Takeaways

    1. Aster DEX shifted to 99% fee allocation for auto buybacks and burns, vastly increasing its previous 80% model.
    2. The new tokenomics aims to burn over 60% of the original 8 billion supply, now reducing circulating supply significantly.
    3. Market reaction saw ASTER jump 23% initially, though it has since retraced most gains, trading near $0.65.
    4. The overhaul removes strategic reserves, now directing nearly all fee revenue to token buybacks and burn, signaling a robust commitment to deflation.

    DEX Redirects 99% of Fees to Token Buybacks

    Aster’s New Tokenomics Sparks Market Activity
    On June 17, Aster DEX announced a major change in its token structure. The platform now directs 99% of daily fees into buying back its ASTER tokens. This new model went live at noon UTC, shifting from the previous 80% allocation in Stage 5. Under the updated plan, the platform uses the fees to purchase ASTER tokens automatically throughout each day. These purchases happen based on the average price, and the tokens bought are then burned from reserves. This process creates what the company calls a “198% buyback,” because tokens are both bought and burned equally. The buyback tokens are not removed from circulation. Instead, they go to stakers through the Loyalty Reward pool, which distributes 300,000 ASTER in each epoch.

    Impact on Market Value and Supply Goals
    Following the announcement, ASTER’s price jumped 23%, from about $0.64 to $0.79. However, the coin has since lost some of those gains and now trades near $0.65. This level is still significantly below the all-time high of $2.41 in September 2025. The tokenomics update came after a previous plan in December 2025, which allocated 80% of fees for buybacks. The earlier plan included strategic reserves, allowing the platform to buy tokens based on market conditions. Now, with nearly all fee revenue going directly to buybacks, the company aims to burn more than 60% of its original 8 billion tokens, reducing the total supply to around 3 billion. Currently, about 2.68 billion tokens are in circulation, with a total supply of 7.82 billion. This means the reduction goal is still far from being achieved.

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    Disclaimer

    This content is for informational and entertainment purposes only and does not constitute financial or investment advice. Cryptocurrency is highly speculative and carries significant risk, including the potential loss of your entire investment. This information may be outdated or incomplete. Do not make financial decisions based on this information. Consult a licensed financial advisor before investing. This site does not offer, sell, or advise on cryptocurrency, securities or other regulated financial products in compliance with SEC and applicable laws. Please do your own research and seek professional advise.

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    Aster (ASTER) Crypto Cryptocurrency DeFi VT1
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    John Marcelli is a staff writer for IO Tribune, with a passion for exploring and writing about the ever-evolving world of technology. From emerging trends to in-depth reviews of the latest gadgets, John stays at the forefront of innovation, delivering engaging content that informs and inspires readers. When he's not writing, he enjoys experimenting with new tech tools and diving into the digital landscape.

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