BitMEX Lists ASTER Perpetual Swap with 50x Leverage

The ASTERUSDT perpetual swap represents a linear contract margined exclusively in USDT, allowing traders to speculate on ASTER price movements without owning the underlying asset. Key specifications include a contract size of 0.01 ASTER with a minimum trade amount of 0.1 ASTER, providing granular position sizing for both retail and institutional participants. The 50x maximum leverage offering requires a base initial margin of 2.00% and maintenance margin of 1.00%, creating efficient capital utilization while maintaining risk management protocols.

Trading fees are structured symmetrically at 0.05% for both makers and takers, creating a balanced incentive structure for market participants. The lot size of 10 contracts ensures standardized trading units, while the underlying reference index .BASTERT provides the pricing mechanism for settlement. This contract design follows BitMEX’s established pattern of offering high-leverage derivatives while maintaining robust margin requirements to protect both traders and the exchange ecosystem.

Aster positions itself as a comprehensive decentralized exchange offering both perpetual and spot trading across multiple blockchain networks. The platform operates on BNB Chain, Ethereum, Solana, and Arbitrum, providing traders with cross-chain accessibility and liquidity aggregation. Aster’s Simple Mode features MEV-free, one-click execution, addressing a critical concern for decentralized trading participants concerned about front-running and sandwich attacks.

The Pro Mode enhances the trading experience with 24/7 stock perpetuals, Hidden Orders, and grid trading capabilities, catering to sophisticated market participants. Aster’s distinctive innovation lies in its collateral system, which accepts liquid-staking tokens like asBNB and yield-generating stablecoins such as USDF as margin. This approach unlocks unprecedented capital efficiency by allowing traders to maintain yield-generating positions while simultaneously engaging in leveraged trading activities.

Powered by Aster Chain, a high-performance Layer 1 blockchain with privacy-focused architecture, and backed by YZi Labs, the platform aims to build what it describes as “the future of DeFi” – characterized by speed, flexibility, and community-first principles. The $ASTER token serves as the ecosystem’s core asset, facilitating governance participation, rewarding user engagement, and supporting long-term sustainability through decentralized decision-making.

BitMEX’s decision to list ASTERUSDT perpetual swaps reflects the growing institutional and retail interest in decentralized exchange tokens as viable assets for derivatives trading. The timing of the October 28, 2025 launch provides market participants with several months to prepare positions and develop trading strategies around this new instrument. The simultaneous offering of up to 5,000 USDT in welcome bonuses for new verified users indicates BitMEX’s commitment to attracting liquidity to this new listing.

The integration of ASTER derivatives into BitMEX’s established trading ecosystem creates new arbitrage opportunities between centralized and decentralized venues, potentially enhancing price discovery and market efficiency. For the Aster project itself, the BitMEX listing represents significant validation of its technological infrastructure and market positioning, potentially driving increased visibility and adoption of its native token across both centralized and decentralized trading environments.