CZ confirmed that Aster is related to former Binance employees, YZi Labs holds shares, and the perpetual contract DEX track is heating up
CZ Changpeng Zhao (CZ) confirmed in
(Preliminary summary: $ASTER broke through 2.4 US dollars and hit a record high! The CEO confirmed that Aster Chain will be launched, CZ: The era of Perp Dex has come)
(Background supplement: If you missed Aster, you can also pay attention to these Perp DEXs that make money but have not issued coins)
The recently popular decentralized perpetual contract exchange Aster, its token $ASTER has been listed on Binance Alpha since September 19 It has been quite strong since then, breaking through $2.4 to hit a new all-time high earlier this week, an increase of nearly 5 times from the opening price of $0.45.
The reason for Aster’s rise is that in addition to riding on the decentralized exchange craze, the platform’s deep relationship with Binance is also a major reason why investors are optimistic. In response, Changpeng Zhao (CZ) responded to a post this morning confirming that the Aster team has several former Binance employees and that his family investment fund YZi Labs holds a small stake in Aster.
That's the correct quote! It's not that hard.🤣 https://t.co/SNFLOyVIS0
— CZ 🔶 BNB (@cz_binance) September 27, 2025
The driving force of former Binance team and YZi Labs
Aster itself focuses on multi-chain transactions, hidden orders and Trade & Earn mechanisms, and closely follows BNB Chain resources. Some communities claimed that the only competitor Aster faces is Binance, to which CZ also responded:
Few people can understand this. Aster competes with Binance, but it helps the development of BNB.
Few understand this.
Aster competes with @Binance, but helps #BNB. https://t.co/CmTSvVKUGR
— CZ 🔶 BNB (@cz_binance) September 28, 2025
Overall, CZ Showing goodwill to Aster as an advisor (he earlier added that he is not in the Aster team, just an advisor) and a minority shareholder not only consolidates BNB Chain’s voice in DeFi, but also adds new variables to the perpetual contract DEX competition. As institutional funds continue to flow in, projects like Aster that are endorsed by well-known figures are bound to play an important role in the next round of market reshuffle.
