Aster DEX Completes Token Buyback, Burns 77.8M ASTER ($80.2M)

Aster Dex has burned 1% of its native token’s supply, increasing scarcity.

Samuel Wilfred•December 5, 2025

In a recent development, the BNB-chain-based decentralized exchange (DEX) Aster has taken a step to increase the scarcity and value of its ASTER token. Although the token has not been in its best form, mainly due to the overall crypto market downturn, the Aster team has completed a massive token buyback and burn.

[Important Notice] Buyback Token Burn Executed 🔥
Following the completion of our S3 buyback program (155,720,656 $ASTER tokens), we have executed the token burn and airdrop allocation as committed.
Execution Details (December 5, 2025, 00:00 UTC):
🔥 77,860,328 $ASTER tokens… pic.twitter.com/OHkLzEag24
— Aster (@Aster_DEX) December 5, 2025

Massive 155M ASTER Buyback

Notably, the Aster team has repurchased 155,720,656 ASTER ($160.4 million) from the 2.2 billion ASTER tokens circulating in the open market, completing its S3 buyback program. Following the buyback completion, it split the tokens into two.

First, the project burned 77,860,328 ASTER ($80.2 million) by sending it to an unknown or dead wallet address. Following the burn, the token is owned and controlled by no one; hence, it cannot be transacted on the blockchain. It is now considered to be out of circulation.

For the other 77,860,328 ASTER ($80.2 million), the team has transferred it to its airdrop locked account. Notably, it plans to give back to the community by airdropping the repurchased ASTER tokens to its platform users and holders that meet specific requirements.

ASTER S3 Airdrop Claim Starts December 15

Based on recent reports, Aster has set up a series of airdrops for its active users. This includes the Stage 3 Airdrop, which users farmed by trading and holding specific crypto assets. Claiming for the S3 airdrop will start on December 15.

The project also launched a trading competition, dubbed the “Double harvest ERA.” This competition will run until late December, with a $10 million prize pool. Notably, the DEX wants to reward its profitable leverage traders through this program.

Simultaneously, Stage 4 S4 buybacks are currently ongoing. After which, users will begin to claim their S4 airdrop, which has been set up to distribute approximately 1.5% of ASTER’s token supply, that is 120 million ASTER to the community.

Meanwhile, CoinMarketCap data shows that ASTER is over 50% down from its all-time high, trading at around $1.03 at the time of writing. Meanwhile, community sentiment remains bullish on the token, with 75% of traders and holders awaiting a price recovery.