Aster launches OTC trading for BTCUSDT and more markets
Summary
Aster has officially launched its OTC trading feature, allowing users to execute futures trades directly with a counterparty at pre-agreed prices without affecting the public order book. This feature emphasizes the platform's commitment to trading privacy and capital efficiency across its multi-chain infrastructure. Users can initiate trades by creating a Deal Code after agreeing on terms, enabling them to manage trades privately and efficiently. Initially available for BTCUSDT, Aster plans to expand this service to additional markets in the future.
Tokens
$BTCUSDT
Analysis
Aster: Aster is a decentralized perpetuals and spot exchange formed from the 2024 merger of Astherus and APX Finance, backed by YZi Labs, and operating across multiple chains with its own privacy-focused Layer 1, Aster Chain, launched in March 2026. The platform emphasizes execution privacy through hidden orders, non-custodial settlement, and features like Simple and Pro trading modes for high-leverage futures and other assets. In this news, Aster has enabled OTC block trading for users to execute futures positions such as BTCUSDT at mutually agreed prices directly with counterparties, bypassing the public order book. Platform Focus: The exchange prioritizes trading privacy and capital efficiency across its multi-chain infrastructure including its dedicated Layer 1. Feature Expansion: Aster has rolled out OTC trading to support private, off-book execution of futures trades at pre-agreed prices.
Categories
cryptodefiethereumhyperliquidtechperps
Related sources
- https://x.com/i/status/2104873855592587487
- https://messari.io/project/aster-dex/profile
- https://x.com/i/status/2097648188886802843
- https://x.com/i/status/2095545981450285227
- https://asterpedia.com/listings
- https://asterdex.com/
- https://x.com/i/status/2100183857349738642
- https://dailyhodl.com/2026/09/28/aster-launches-perpetual-grid-trading-2-0-with-up-to-140000-aster-liquidity-mining-campaign/
- https://x.com/i/status/2104873843399721378
- https://docs.asterdex.com/overview/roadmap
- https://solanacompass.com/projects/aster
- https://coinbureau.com/review/what-is-aster-crypto
- https://docs.asterdex.com/trading/otc-trading