Aster Delays Airdrop Due to Data Inconsistencies
Aster, a decentralized exchange backed by YZi Labs, an investment firm founded by Binance’s Changpeng Zhao, has postponed its upcoming airdrop due to potential data inconsistencies. The airdrop, initially scheduled for October 14, will now take place on October 20, pending an internal review.
The decision comes after users reported inaccurate results from the project’s “S2 Airdrop Checker” tool, which led to complaints about allocation errors. According to the Aster team, the inconsistencies impacted some user allocations, and they will “update certain users’ allocations as necessary.” The team also noted that “allocations for most users should not fall below the final snapshot RH% in each epoch.”
Aster’s Response to User Complaints
The Aster team has promised to make fair adjustments to user allocations after receiving reports of errors. One trader claimed an allocation of only 336 ASTER tokens despite generating over $9 million in trading volume. A total of 153,000 wallets are eligible for the Aster Genesis: Stage 2 airdrop. Aster, formerly known as APX Finance, is a cross-chain perpetual futures DEX operating on the Solana, Ethereum, Arbitrum, and BNB chains.
According to The Block, Aster recorded more than $420 billion in trading activity last month. At the time of writing, ASTER is trading at around $1.69, remaining broadly stable despite general market weakness caused by renewed trade tensions following Donald Trump’s announcement of 100% tariffs on Chinese imports.
DeFiLlama Suspends Aster Trading Data
Last week, DeFiLlama temporarily removed trading volume data for Aster after finding unusually high correlations with Binance perpetual volumes. Co-founder 0xngmi announced the delisting on October 5, citing data integrity concerns after Aster’s XRP/USDT and ETH/USDT pairs had a near 1:1 correlation ratio with Binance.
The analytics site said it lacks the detailed data needed to confirm a potential wash trade, resulting in a suspension until a review becomes possible. The move has divided the crypto community and sparked debate over whether the volumes were manipulated or merely reflected a liquidity migration from Binance to Aster.
Aster’s XPL Price Glitch and Compensation
Last month, Aster refunded users USDT after a sudden price spike in the XPL perpetual contract triggered forced liquidations. The anomaly, which occurred during the transition from pre-launch to live trading, caused the price of XPL to briefly rise above $4, well above the $1.30 average on other platforms.
The exchange responded quickly, completing the first round of refunds within hours and compensating affected traders for liquidation and trading fees. While the exact cause is still unconfirmed, initial speculation points to a misconfigured index price or a lack of synchronization with live market data. Aster has pledged to continue investigating the incident.
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