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Binance founder Changpeng Zhao has backed Aster, a decentralized derivatives platform challenging Hyperliquid’s dominance. Aster became the largest holder of BSC-USDT, holding $131 million in USDT. Zhao praised the project’s Token Generation Event and its growth, leading to ASTER’s market capitalization climbing to $1.3 billion. Aster has quickly positioned itself among the largest decentralized derivatives platforms, processing $1.4 billion in trading volume within 24 hours of its launch.
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