Changpeng Zhao Endorses Aster: How This DEX Competitor Boosts BNB Chain

Binance founder Changpeng Zhao (CZ) publicly endorsed Aster, a decentralized perpetuals exchange on BNB Chain, on September 28, 2025, stating it competes with Binance but ultimately enhances the BNB ecosystem through increased activity and liquidity. Aster's $ASTER token, launched on September 17, 2025, has seen explosive growth with $545 million in TVL and $1.7 billion in weekly volume, backed by CZ as an advisor and YZi Labs' minority investment. This endorsement, viewed over 800,000 times on X, underscores Aster's role in revitalizing BNB Chain amid 2025's crypto surge, drawing attention to decentralized projects post-CZ's 2023 Binance departure and 2024 prison term.

CZ's Endorsement: Aster as a Beneficial Competitor to Binance

Changpeng Zhao's recent X post praised Aster for competing with Binance while boosting BNB Chain's ecosystem, highlighting its contributions to liquidity and user engagement. This statement aligns with CZ's advisory role in Aster, where former Binance employees and YZi Labs' investment fuel its development. Aster's rapid ascent, achieving over $1 billion in TVL shortly after launch, demonstrates its appeal in the perp DEX space. CZ's endorsement, amid his focus on decentralized initiatives post-Binance, signals strong confidence in Aster's potential to drive BNB adoption. The post's massive reach reflects growing interest in BNB Chain projects during crypto's 2025 recovery.

• CZ's statement: "Aster competes with @Binance, but helps #BNB."
• Launch date: September 17, 2025, with $545M TVL and $1.7B weekly volume.
• Backing: YZi Labs minority investment, CZ as advisor.
• View count: Over 800,000 on X, amplifying BNB visibility.
• Post-Binance focus: CZ's shift to decentralized projects after 2023 resignation.

Aster's Growth and Features: Challenging Hyperliquid in Perp DEX

Aster has quickly positioned itself as a Hyperliquid rival, overtaking it in DEX trading volume with $793 million daily, thanks to features like hidden orders and multi-chain support. Built on BNB Chain, Aster offers institutional-grade liquidity for BTC perps and supports chains natively, differentiating from competitors. The platform's quiet launch turned explosive with CZ's endorsements, achieving 1,800% token growth post-TGE. Aster's design, including lower fees for all traders, appeals to retail and high-volume users alike. This growth benefits BNB Chain by increasing on-chain activity and liquidity.

• Volume milestone: $793M daily, surpassing Hyperliquid.
• Features: Hidden orders, multi-chain native support.
• Token surge: 1,800% rise since September 17 TGE.
• Fee structure: Competitive for all volumes, boosting accessibility.
• BNB impact: Enhances chain liquidity and ecosystem vitality.

Implications for BNB Chain and Crypto Ecosystem

CZ's endorsement of Aster as a BNB Chain project signals a strategic push for decentralization, potentially revitalizing BNB amid competition from Solana and Ethereum L2s. Aster's success, with $1.7B weekly volume, could attract more developers and liquidity to BNB, fostering a vibrant perp DEX scene. This aligns with 2025 trends where decentralized exchanges challenge centralized giants, benefiting ecosystems like BNB. However, risks like volatility and scam allegations around Aster persist. Overall, CZ's support underscores BNB's resilience.

• BNB revitalization: Increased activity from Aster's growth.
• Ecosystem benefits: More devs and liquidity inflows.
• 2025 trends: DEX rise challenging CEX dominance.
• Risks: Volatility and controversy in new projects.
• Long-term: Strengthens BNB's position in DeFi.

CZ's endorsement of Aster highlights its potential to compete while boosting BNB Chain, signaling a bright future for decentralized perps in 2025. With impressive metrics and strategic backing, Aster could drive ecosystem growth—monitor developments on compliant platforms with transparency for secure insights. Explore licensed exchanges for real-time updates to capitalize on this BNB surge.