Binance has announced listing plans for Aster amid allegations of wash trading in the crypto community.
- Binance is set to list Aster on October 6 with three trading pairs.
- The exchange advises caution, urging users to research thoroughly before trading off-platform.
- Aster price has recovered to $2.00, up 3.9% on the day after correction following DeFiLlama’s delisting announcement.
Binance has announced the listing of Aster, marking a major step forward for the decentralized exchange project. According to the official statement, trading for the token will go live on October 6, 2025, at 12:00 UTC, with three new spot trading pairs available: ASTER/USDT, ASTER/USDC, and ASTER/TRY.
Users will be able to begin depositing ASTER (ASTER) tokens starting from 09:00 UTC on the same day, while withdrawals will be enabled 24 hours later, at 12:00 UTC on October 7.
Binance’s announcement comes amid allegations of wash trading surrounding the decentralized exchange, a practice where fake trades inflate market metrics. The exchnage’s application of a “Seed Tag” to the token calls has added to the concerns, suggesting that it views the token as high-risk, likely due to volatility, low liquidity, or the ongoing allegations.
As part of its listing announcement, Binance also issued a standard caution to users, asking them to do their own research before placing trades outside Binance “to avoid any scams and ensure safety of funds.”
Aster price regains momentum after pullback
Binance’s listing comes after DeFiLlama, an analytics platform, had announced its decision to delist the platform’s perpetual futures data on its platform, citing suspicious trading behavior.
According to DeFiLlama co-founder 0xngmi, the exchange’s XRP/USDT and ETH/USDT pairs mirrored Binance’s volumes 1:1, and the low chance of such behavior has prompted allegations of wash trading across the community.
Although its spot and TVL data remain live on DeFiLlama, the move triggered a temporary sell-off that pushed the native token’s price down by 10% to $1.80. The token has since rebounded to around $2.00, posting a 3.9% gain in the past 24 hours, per data crypto.news.
While there is no direct evidence yet suggesting that Aster has engaged in wash trading, the seed tag application reflects Binance’s efforts to proactively caution users about the risks that often accompany newly listed DEX tokens.
