Coinbase Launches ASTER Perpetual Futures for Global Traders

• Coinbase has launched ASTER perpetual futures, expanding its derivatives market.
• The ASTER listing strengthens its ecosystem visibility and liquidity.

Coinbase has rolled out perpetual futures trading for ASTER. The available contract allows traders to open long or short positions. This launch also marks a new step for ASTER in the global ecosystem, as the token was previously only available for spot trading. The presence of this derivative instrument broadens its scope and creates greater competition in the crypto market.

The launch comes after ASTER had already been added to Coinbase’s spot listing roadmap. So, the process felt progressive: presence on the spot, growth, and then entry into futures trading.  Many traders view the inclusion of an asset in derivatives products on a major exchange as a sign of its strengthening position.

Expanding Entry Points for Users Across Devices and Payment Rails

In early November, we reported that Alchemy Pay had partnered with Aster DEX to expand fiat access to the DeFi world. Through this partnership, users can purchase ASTER tokens directly using debit cards, digital wallets, or bank transfers. The more straightforward buying process is a big help for anyone trying to get started, since they don’t have to deal with a maze of extra steps to access the ecosystem.

Furthermore, before the perpetual app launched, the Aster App was also available for iOS last October. With the iOS version, its user base is further expanded. Previously, the app was only available on Google Play and allowed users to open, monitor, and trade from their mobile devices at any time.

As of press time, ASTER is changing hands at about $1.08, down 6.5% over the last 24 hours and 16.72% over the last 7 days.