Zhao Chang Peng Silo

ZHAO CHANG PENG WAS THE FIRST PUBLICLY CONSTRUCTED WAREHOUSE SINCE BNB VALUED AT $1.9 MILLION ASTER。

Author: 1912212.eth, Foresight News

On the evening of November 2nd, Zhao Chang Peng announced that he had purchased 2.09 million Aster notes with his own money, followed by an even more significant push saying "Eight years ago, I bought some BNBs in TGE in the first month and have been holding them (except for the consumption part). I don't know

ASTER QUICKLY ROSE FROM US$ 0.9 TO AROUND US$ 1.25, AN HOUR OF INCREASE OF NEARLY 30 PER CENT。

This is not a random statement by Zhao Chang Peng, but the first time he's ever "showed" a currency in public. Prior to that, although he had repeatedly referred to the Aster project in his post, commending its innovation, he had never disclosed personal holdouts or purchases. The purchase marked a strong endorsement of Zhao Chang Peng for Aster。

In terms of transaction details, according to Zhao Chang Peng's public records, the average price is locked at 0.913 dollars, with a total value of over $1.9 million. Zhao Chang Peng emphasized that he was not a trader, but a long-term holder, which was consistent with his traditional investment style, which did not operate frequently after buying and focused on the long-term value of the project。

In terms of time, the purchase took place shortly after the Aster currency was put on the market, and the market was in a period of volatility, with the build-up of Zhao Chang Peng, leading to a surge in transactions. The market value of Aster again rose to over $2 billion。

Hyperliquild

As early as September, Zhao Chang Peng interacted with Aster related elements, such as commending its Hidden Order function (hidden order), claiming that it had been online for only 18 days, which was much faster than the other 30 similar projects. He also forwarded Aster's post highlighting its multi-chain support and low-cost advantages, which contributed to BNB Chain's ecological growth. These were, however, project-level comments and no personal investment disclosures. Until November 2nd, the card buys。

Zhao Chang Peng's warehouse Aster was not just a rise, but a well-thought-out strategic layout。

Zhao Chang Peng has been investing in and building ecology since he left the CEN post. The YZi Labs he founded are the back-up supporters of Aster, Aster DEX hatched by YZi Labs and focused on the next generation of Perp DEX innovations. Zhao Chang Peng buys Aster, which is equivalent to voting in real money to support his own project, and sends a signal to the market that Aster is not short-term work, but infrastructure with long-term potential。

Aster is located in a multi-chain Perp DEX that supports BNB Chain and so on, with the core selling point being Hidden Orders - a large order set-up before disclosure, avoiding front-end running and snipering. Aster solved traditional DEX pains, and open orders from competitors like Hyperliquid are easily manipulated。

Zhao Chang Peng's call is essentially for BNB Chain's eco-products, and more liquidity flows to BNB Chain, stimulating Gas Fees and DeFi activities. According to Dune's latest data, the current total number of Aster's users is over 5.31 million, total TVL is over $1.256 billion, and total transactions amount to $2.9 trillion. Between September and October of this year, a large number of new users came in, increasing their number on a single day even more than in early 2024。

Perp DEX tracks are highly competitive, with Aster's low rates, monetized shares, dark-pool deals, grids, etc. When Zhao Chang Peng bought it, there was a rumor in the market that he had sold $30 million in ASTER, which in turn highlighted his determination to defeat Hyperliquild in the area of dex forever。

Throughout the past few years, whether Pancake, wallet products, Alpha heart, or so on, it was not a leader at first, and then it was always equal, even later, to focus the market’s attention on whether Aster’s follow-up could hit Perp DEX’s lead position。

Perhaps the real derivatives of the war are behind us。

Can repurchase the chain save the November lock

The Astercoin Economic Model was designed for progressive release, with a total supply of 8 billion. In November, Aster will meet twice in a cliff unlocks。

ON NOVEMBER 10TH, ACCORDING TO APP DATA, THE LOCKOUT WAS 200 MILLION (2.5% OF TOTAL SUPPLY), VALUED AT APPROXIMATELY $240 MILLION (AT CURRENT PRICES); ON NOVEMBER 17TH, THE LOCKOUT WAS ABOUT 72.73 MILLION ASTERS (0.91% OF TOTAL SUPPLY), VALUED AT APPROXIMATELY $8,7276,000。

THE LACK OF LIQUIDITY IN LARGE MARKETS, THE STIFLING OF S3 AND THE UNLOCKING OF COINS HAVE LEFT MARKET INVESTORS WITH A GREAT DEAL OF INTEREST。

On October 30, Aster Official stated that his S3 buy-back was fully transparent and 100 per cent carried out in the chain, and that he bought coins from the open market on a daily basis until the cumulative amount reached 70 per cent to 80 per cent of the transaction fee for the S3 period. The S3 phase of ASTER will last 35 days as of 9 November. In addition, S3 airdrops will be activated after all repurchases have been completed, at which time priority will be given to the use of the currency in the repurchase address for distribution; insufficient portions will be unlocked from the air drop distribution pool to ensure full distribution。

According to DefiLlama's latest data, Aster's average daily handling charge is approximately $1.93 million, which is calculated to be between $1.35 million and $15.4 million per day。

On 31 October, it was officially announced that 50 per cent of all its buy-backs (including S2 and S3) funds would be destroyed through public buy-back addresses to reduce supply and consolidate the long-term value of ASTER. The remaining 50% will flow back to the targeted air drop address, thereby reducing traffic and setting aside additional shares for possible future air drops to reward real Aster users and long-term holders。

Official buy-back forces continue to support their currency prices, and their impact, such as unlocking and throwing pressure, may be reduced as market liquidity improves and derivative heat returns。