AsterDEX lists XDP token with up to 5x leverage
Summary
Aster has announced the listing of a new perpetual contract, $XDP, which offers up to 5x leverage for traders interested in decentralized trading. This product allows for both long and short positions in various supported markets. However, the listing comes with a caution, as leveraged trading can amplify risks, including the potential for increased liquidation. Aster advises users to conduct their own research before engaging in trading.
Tokens
$XDP
Analysis
XDP: XDP is the ticker for Doppler Finance, a crypto project whose token is traded in selected digital-asset markets. In the reported event, AsterDEX announced a perpetual-contract listing for XDP with leverage available to traders, while explicitly stating that the listing is not an endorsement or investment recommendation. Risk: A leveraged perpetual listing enables traders to amplify exposure and can increase liquidation risk; the announcement itself advises users to conduct their own research. Product: Aster describes its perpetuals as decentralized perpetual contracts that support long and short trading across supported markets.
Categories
perpscryptodefihyperliquid
Related sources
- https://docs.asterdex.com/trading/product-releases
- https://www.asterdex.com/
- https://www.jxbcrypto.com/perp/listing
- https://docs.asterdex.com/
- https://arb.sh/news
- https://alphax.pro/exchange/asterdex
- https://www.coinfuty.com/exchanges/aster
- https://asterpedia.com/markets
- https://www.asterdex-dex.com/
- https://docs.asterdex.com/trading/perpetuals
- https://docs.asterdex.com/trading/perpetuals/stock-perpetuals
- https://x.com/Aster_DEX
- https://asterdex.github.io/aster-api-website/futures/market-data/
- https://asterdex.github.io/aster-api-website/asterCode/endpoints/
- https://www.coingecko.com/en/coins/doppler-finance