1 · Aster open bets
NewOpen bets on Aster recovered after a weak first half of 2026.
Data
| Date | Aster open interest |
|---|---|
| Jul 31 2026 | $0.944B |
| Aug 31 2026 | $1.23B |
| Sep 30 2026 | $1.41B |
| Oct 12 2026 | $1.35B |
Fees buy coins for stakers. Burns hit locked coins.
ASTER is the token of Aster, an exchange for perpetual futures. 2.71B coins circulate out of 7.80B; the rest sits in locked reserves.
Sell pressure. Stakers got 6.75M new coins from a locked pool in 90 days. Next, the Stage 6 airdrop pays about 63.38M on Nov 4 2026.
Buy pressure. Fees buy coins back, but they go straight to stakers, and the 23.54M burned came from the locked team wallet — none of it leaves the market.
Net. Net, supply grows about 0.25% in 90 days and about 2.50% next.
Stakers are paid 450,000 ASTER a week from the locked ecosystem pool. The pool sends it out in blocks of 2.25M every five weeks, and three blocks left in these 90 days (the last on Sep 21 2026): 6.75M new coins in the market. The next two blocks fall around Oct 26 and Nov 30 2026, so about 4.5M next. The pool still holds 1.24B ASTER.
Nothing vested in the last 90 days: the airdrop reserve did not move. Next, the Stage 6 airdrop pays the people who chose to wait: about 63.38M ASTER on Nov 4 2026, out of a 64M stage (only 0.62M was claimed early, at half). The Stage 5 payout left the reserve the same way, 95.09M in one day on Jun 9 2026. The 400M team share now stays locked until Sep 17 2027 — moved back a year on Sep 1 2026.
Locked piles with no date: the airdrop reserve (2.92B, pays out only on announced airdrop dates), the treasury (560M, untouched since launch), a reserve wallet (198.3M, untouched) and the team wallet (373.52M, shrinking only through burns). None of them sent coins to the market this window. Already counted as circulating, so moving them adds nothing: the staking payout wallet (313.6M) and an unlabelled wallet (293.18M). The buyback wallet holds only dust.
No estate, trustee or court payout holds ASTER. The token launched on Sep 17 2025, so no old lock from a failed company is waiting.
99% of daily trading fees buy ASTER on the market — about 20.62M in the six periods from Jun 29 to Sep 21 2026. But every coin bought is paid straight out to stakers as rewards, so it goes from one holder to another and never leaves the market.
For every coin bought back, the same amount is burned, every two weeks — 23.54M ASTER in six burns this window, read at the burn address. All of it came from the locked team wallet (397.06M → 373.52M), coins that were never for sale. So the total gets smaller, but the coins people can trade do not.
The only buyer is the fee buyback above. No treasury or foundation purchase was announced or seen on-chain this window.
Staking locks coins for up to four years with a penalty for leaving early, but staked ASTER sits in the platform's deposit wallet, which already counts as circulating, so a bigger stake removes nothing. The team lock was extended on coins that were never for sale.
Two sides: how much people want ASTER right now, and how much buying could come later.
This part is based on social media. It shows how hot ASTER is right now. A better rank means more people are talking about it.
Today, people are talking about ASTER for one reason:
On Oct 5 2026, Aster burned about 3.11 million ASTER, worth about $2.25 million, as part of its plan to send almost all trading fees to buybacks and burns. That is about 0.04% of the 8 billion supply. People ask if burns of this size can keep up with the team tokens that unlock in 2027.
Checked Oct 12 2026
Based on the law of supply and demand, the long-run signal for Aster is mixed. As of Oct 13 2026, score 4.5/10, Aster faces +2.50% new supply over 90 days, with demand moderate (3/5). Aster's price drivers: 1 ▲ price up, 1 ▼ price down.
Hyperliquid looks well ahead for now. It scores 8.5/10 with a $19.51B market cap, while Aster scores 4.5/10 at $1.93B (Oct 10 2026). US rules opening for perp exchanges named Hyperliquid, not Aster, and Aster adds +2.50% new supply in 90 days. Supply and demand still read mixed for Aster in the long run.
No, Aster looks alive. Open bets on Aster recovered after a weak first half of 2026, and demand reads moderate, 3 out of 5. The drag is supply: about +3.54% more ASTER arrives in one year. By supply and demand, Aster's long-run signal is mixed today.
It would take 14 times today's value: $10 × Aster's coins in the market = about $27.1B, against $1.93B now (Oct 13 2026). Aster's supply also grows +3.54% in the next year, so every extra coin needs buyers too. Our supply-and-demand read for Aster stays mixed.
Today the signal is mixed. Supply and demand would point the other way for Aster if new supply keeps arriving (+2.50% in 90 days), or demand falls from moderate, or US perp rules keeps pointing down. Next date to watch for Aster: No date yet — CFTC vote on new rules.
On our framework Aster scores 4.5/10 (Oct 13 2026), with supply 1.5/5 (heavy) and demand 3/5. In the next year Aster's supply changes +3.54%, so the long-run signal reads mixed.
The law of supply and demand points to one window for Aster: low new supply, high demand, drivers pointing up. Where Aster stands today: +2.50% new supply in 90 days (heavy), demand moderate (3/5), drivers 1 ▲ / 1 ▼.
Aster has 2 price drivers today (1 ▲ price up, 1 ▼ price down). ▲ Aster open bets: Open bets on Aster recovered after a weak first half of 2026. ▼ US perp rules: US door is opening for perp DEXs; Hyperliquid was named, not Aster.
Aster reads mixed at 4.5/10; Bitcoin reads positive at 8.5/10 (Oct 13 2026). On supply and demand, Aster looks weaker than Bitcoin today.
Every answer here applies basic economic theory — the law of supply and demand — to this coin's data. It is not financial advice. How we read every coin →
We look at two things, half each: supply and demand. Fewer new coins mean less selling pressure. A meme coin scores 1.5 at most on supply: its team got its coins for free, so no new supply does not make it safe. We also show each coin's age, with a warning when it is younger than 1 year. Demand looks at how much people want the coin now and how much buying could come later. Price Drivers (Beta) are the 2 or 3 things that can move one coin's price that supply and demand miss; they have no score. ASTER supply grows +2.50% in the next 90 days, so it shows in red: more ASTER reaches the market than is removed. Zero or falling supply is always green, any growth is red.
One email before each big supply event, and the day our verdict changes. Nothing else. You can watch 2 coins for free.
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