Aster and World Liberty Financial Partner on USD1
Aster decentralized exchange and World Liberty Financial announced a partnership on April 6 to integrate the USD1 stablecoin as the primary settlement asset for traditional finance perpetual contracts on the Aster platform. The agreement positions USD1 at the core of new onchain markets for real-world assets, including gold, silver, crude oil, and Brent crude, marking a step toward bridging decentralized finance with conventional trading instruments.
Under the deal, USD1 will serve as the base layer for margin requirements, profit-and-loss settlements, and payouts in these perpetual contracts, which allow traders to speculate on asset prices without expiration dates. This integration enables users to access commodity-linked derivatives directly through a DeFi interface, using USD1 without needing to convert to other stablecoins. Aster specified that the initial markets will launch with competitive fees: 1 basis point for takers and a negative 0.5 basis point rebate for makers, designed to encourage liquidity provision.
The partnership extends beyond immediate settlement functions. Both entities stated they are exploring broader ecosystem alignment, including potential...