Aster Burns 78 Million Tokens, Unveils 2026 Roadmap
Aster, the decentralized perpetual futures exchange formed from the merger of Astherus and APX Finance, permanently removed approximately 78 million ASTER tokens from circulation on Thursday, representing about 1 percent of the total supply. The burn followed the completion of the platform's largest buyback program to date, Season 3, which repurchased nearly 156 million tokens. In a related announcement, Aster unveiled its roadmap for the first half of 2026, outlining plans to launch its own Layer 1 blockchain and enhance token utility through staking and governance features.
The token burn and allocation of an equal number of repurchased tokens to a locked wallet for future airdrops aim to reduce supply and reward the community. Since the token generation event in late September, Aster has conducted three buyback seasons, acquiring more than 296 million ASTER tokens in total. The platform uses protocol revenues to fund these efforts, with the latest season drawing from about 173 million dollars in value across all programs. Half of the Season 3 tokens were burned immediately, while the remainder will support upcoming distributions.
Aster's price showed limited reaction to the...