Aster USDF 백서 전문

w live Aster began as a decentralized perpetuals exchange. Today, with the launch of spot trading, we take the first major step in transforming Aster into a one-stop onchain trading platform, offering both leveraged trading and long-term portfolio building. ### First launch: $CDL spot trading pairs We’re starting with $CDL (Creditlink) as the first spot token listed on Aster. With this launch, you can claim your airdrop and begin trading $CDL right away. This is just the start, and more high-quality token listings will follow soon. \ **Start trading $CDL on Aster** Once trading for CDL opens, you will be able to trade these two spot pairs: * CDL / USD1 * CDL / FORM To ensure smooth trading and minimal slippage upon launch, Aster Spot liquidity will be deployed with: * $200,000 worth of $USD1 * $200,000 worth of $FORM * 40,000,000 $CDL This guarantees the best prices and instant execution right from launch. # Tutorial/Guide If you joined the Four.meme CDL presale, here’s what to expect: * Airdrop time: 12:00 UTC/20:00 HK on Septermber 2nd * Distribution: Eligible users will automatically receive $CDL in their Aster Spot wallet once the window opens **Steps** 1. Connect your wallet to Aster Spot. <figure><img src="https://4068247257-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FWhSHuKmgnGREbVb12PK2%2Fuploads%2Fgjr6exP721mcRPSCNDOi%2F%E6%88%AA%E5%B1%8F2025-09-02%2008.49.25.png?alt=media&token=dc69edec-c5bc-4544-9e71-e74c6b948d33" alt=""><figcaption></figcaption></figure> 2. Sign the verification transaction. <figure><img src="https://4068247257-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FWhSHuKmgnGREbVb12PK2%2Fuploads%2FQSBMyOT7VIMe6acRRCqc%2F%E6%88%AA%E5%B1%8F2025-09-02%2015.29.39.png?alt=media&token=9368765d-f930-4a40-a45e-f916decee9f7" alt=""><figcaption></figcaption></figure> 3. Check your spot account to view your $CDL balance. <figure><img src="https://4068247257-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FWhSHuKmgnGREbVb12PK2%2Fuploads%2FhNjWV7MRaAoY4p5rTxXg%2F%E6%88%AA%E5%B1%8F2025-09-02%2018.23.34.png?alt=media&token=1858f41a-56ce-41ec-8f8e-a9c7d62c221b" alt=""><figcaption></figcaption></figure> 4. To sell your CDL tokens, select the trading pair, enter the quantity, and choose an order type to place your trade. <figure><img src="https://4068247257-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FWhSHuKmgnGREbVb12PK2%2Fuploads%2FkV2p4Hst2o2QDkwKZgtx%2F%E6%88%AA%E5%B1%8F2025-09-02%2018.36.33.png?alt=media&token=492eac43-5f90-4282-be36-e2ea36b7dbfe" alt=""><figcaption></figcaption></figure> 5. To withdraw CDL tokens to your wallet, first transfer them from your spot account to your perpetual account. <figure><img src="https://4068247257-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FWhSHuKmgnGREbVb12PK2%2Fuploads%2FbpewTrAeihBtitD2FXnb%2F%E6%88%AA%E5%B1%8F2025-09-02%2018.37.52.png?alt=media&token=bc858139-1dab-43da-b8a8-1a3193cef47b" alt=""><figcaption></figcaption></figure> 6. After that, start the withdrawal process in your Aster perpetual account as shown below. <figure><img src="https://4068247257-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FWhSHuKmgnGREbVb12PK2%2Fuploads%2F4FqPDjPpAWQm48SiGCmM%2F%E6%88%AA%E5%B1%8F2025-09-02%2018.39.43.png?alt=media&token=4a1ef7cc-e69c-40b6-9453-342ef92adcb2" alt=""><figcaption></figcaption></figure> **Special Reminder:** If you have multiple accounts, please follow the instructions: <https://github.com/asterdex/api-docs/blob/master/consolidation.js> ***Note**: Your CDL airdrop allocation is not directly proportional to the amount of presale tokens you submitted on Four.meme. Any remaining allocation will be refunded by Four.meme to your wallet. Please check* [*the Four.meme website*](https://four.meme/) *for full details.* \ \ --- [Next Page](https://docs.asterdex.com/llms-full.txt/1) # Spot Fee Structure In appreciation of our users' support, Aster is introducing a VIP program on Aster spot and Aster perpetual. Fees are based on your rolling 14 day volume and are assessed at the end of each day in UTC. <figure><img src="https://4068247257-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FWhSHuKmgnGREbVb12PK2%2Fuploads%2FxMmtHLLXLFtjUC14XtlK%2FAster%20VIP%20Program%20Update.png?alt=media&token=3ab8a5c2-4174-4d98-b99a-b23d83f22a49" alt=""><figcaption></figcaption></figure> **Maker fee**: 0.005% Example: Buying 0.1 BTC at 100,000 with a maker order → 100,000 × 0.1 × 0.005% = 0.5 USDT **Taker fee**: 0.04% Example: Buying 0.1 BTC at 100,000 with a taker order → 100,000 × 0.1 × 0.04% = 4 USDT The fee structure for current trading pairs, please visit our [Spot Trading ](https://www.asterdex.com/en/spot/CDLUSD1)page. **What are maker and taker?** **Maker:** When you place an order with a set price and quantity that goes into the order book and waits to be filled, you are a maker. Maker orders add liquidity to the market. **Taker:** When you place an order that matches and executes immediately against an existing order in the book, you are a taker. Taker orders remove liquidity from the market. **How to use $ASTER to pay spot trading fees and get a 5% discount?** You can save 5% on spot trading fees when you pay with $ASTER. Simply deposit $ASTER into your spot wallet, and toggle on 'Pay fee in ASTER'. As long as you have $ASTER in your spot wallet and settings toggled on, your $ASTER will be deducted to pay fees first with 5% discount. <figure><img src="https://4068247257-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FWhSHuKmgnGREbVb12PK2%2Fuploads%2FO4ave1hu4zg9CKA6sNpi%2F%E6%88%AA%E5%B1%8F2025-10-24%2011.07.48.png?alt=media&token=990a9914-1561-4eea-835e-8577d4b1997d" alt=""><figcaption></figcaption></figure> # Order Types ### **Market Order** Executes immediately at the best available price in the order book. The final fill price depends on available liquidity and is not guaranteed — in volatile or thin markets, the executed price may differ from the displayed price. Market orders are always taker trades. ### **Limit Order** Places an order at a specific price you define. A buy limit order sets the maximum price you'll pay; a sell limit order sets the minimum price you'll accept. The order sits in the order book until the market reaches your price, or remains unfilled if it doesn't. ### **Stop Limit Order** Combines a trigger price with a limit order. When the market reaches your stop price, a limit order activates at your specified limit price. #### **Key Terms** | Term | Description | | --------------- | --------------------------------------------------------------------------------------------------------- | | **Stop Price** | The price that triggers the limit order to become active. | | **Limit Price** | The price at which the order executes — or better. For buys, this is the maximum; for sells, the minimum. | | **Quantity** | The number of tokens to buy or sell. | **Note:** Market orders guarantee execution but not price. Limit orders guarantee price but not execution — if the market never reaches your level, the order stays open or expires unfilled. # Spot Market Maker program **Overview** The Aster Spot Market Maker Program is established to ensure deep and stable liquidity across all spot trading pairs on Aster DEX. It aims to attract professional market participants who can maintain tight spreads and consistent two-sided markets. The program focuses on fee-based incentives — market makers can qualify for rebate tiers based on performance metrics.\ \ **Objectives** * Provide tight bid-ask spreads and deep liquidity across key pairs. * Promote continuous quoting from qualified market makers. * Maintain efficient price discovery and minimize volatility gaps. * Build a transparent and stable liquidity environment suitable for institutional traders. **Eligible Requirements & Rebates** | Tier | Rolling 14D Maker Volume % | Taker (bps) | Maker Rebate (bps) | | ---- | -------------------------- | ----------- | ------------------ | | MM1 | 0.25% | 3 | - 0.25 | | MM2 | 0.5% | 2.7 | - 0.50 | | MM3 | 1% | 2.3 | - 1.00 | 1. Rolling 14 days maker volume >= $100M 2. Place orders for both bid/ask & spread < 1.5% (two-sided) 3. Order has to stay for more than 1 second \ For market maker rebates, the trading interface will display your applicable Taker fee rate (determined by your volume tier or marker volume percentage) and a Maker fee of "0". Please note that our system calculates and disburses Maker rebates every hour based on the published fee schedule. These rebates can be tracked in the transaction history under Aster Spot. #### Application Process [Apply via this form](https://docs.google.com/forms/d/16xAWEgDk-1Strq45Umqmq7uQUQvjADdJglem7X7M4Xo/viewform?edit_requested=true) – the Aster team will contact you within three working days. #### **Disclaimer** *Aster reserves the right to modify, suspend, or terminate the Spot Market Maker Program at any time, including but not limited to changes in eligibility criteria, reward allocation methodology, token distribution schedules, and qualifying requirements. All participants are responsible for reviewing the most up-to-date program terms published by Aster. Participation in the program does not constitute a binding agreement, and Aster retains full discretion in the interpretation and enforcement of program rules.* # Small Assets Exchange ### Overview Small Assets Exchange allows users to convert low value spot assets into ASTER with a single action. This feature helps consolidate small balances that may be difficult to trade individually due to low value or minimum order size requirements. The system automatically scans eligible spot assets with a value below the supported threshold and converts them into ASTER using real time index pricing. *** ### Eligible Assets An asset is eligible for Small Assets Exchange if: * The spot asset value is **below $5** * The asset has an available spot trading pair * The asset is not ASTER Assets that do not meet these conditions will not appear in the exchange list. *** ### How to Use Small Assets Exchange 1. Go to Assets → Spot 2. Click Small Assets Exchange <figure><img src="https://4068247257-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FWhSHuKmgnGREbVb12PK2%2Fuploads%2FTJwBziEqJgsEkSFr88DS%2F%E6%88%AA%E5%B1%8F2026-05-14%2010.29.54.png?alt=media&token=c6612444-3ee3-4a66-8d18-4aaa9ec0b51d" alt=""><figcaption></figcaption></figure> 3. Select the assets you want to convert 4. Review the estimated ASTER amount and fees 5. Click Convert Once completed, the converted ASTER will be credited to your spot account. ### Exchange Rules #### Minimum Exchange Amount The minimum exchange value per asset is **$0.001**. Assets below this value cannot be exchanged. *** #### Daily Conversion Limit Each user can use Small Assets Exchange up to the configured daily limit. If the limit is reached, the system will display: **“You have reached the daily conversion limit. Please try again tomorrow.”** Platform-wide daily conversion limits may also apply. *** #### Price Updates Estimated exchange values refresh every **5 seconds** using external index prices. If market prices move significantly after confirmation, certain asset conversions may fail while others continue processing normally. *** #### Exchange Fees **2%** of the exchange fee is charged during the conversion process. * Fees are deducted from the final ASTER received * The estimated fee is displayed before confirmation *** #### Partial Conversion Failures If one asset fails during conversion, the remaining selected assets will continue processing. Example: **Conversion failed for AT, RAVE, KIT. Please try again later.** *** ## Frequently Asked Questions #### 1. Which assets can be converted? Only non-ASTER spot assets valued below $5 and supported by an available spot trading pair can be exchanged. #### 2. How is the exchange price calculated? Conversion prices are calculated using external real-time index prices for both the selected asset and ASTER at the time of confirmation. #### 3. Why did some assets fail to convert? If market prices move significantly after confirmation or liquidity conditions change, certain assets may fail while other selected assets continue processing successfully. #### 4. How often does the estimated exchange amount refresh? Estimated prices and ASTER amounts refresh approximately every 5 seconds. #### 5. Can I exchange ASTER through this feature? No. ASTER itself is excluded from Small Assets Exchange. #### 6. Why can't I use Small Assets Exchange today? You may have reached either your personal daily conversion limit or the platform-wide daily conversion limit. Please try again after the daily limits reset. \ # USDT-USDC Swap ### Overview Aster supports instant swaps between USDC, USDC.e, and USDT, allowing users to convert stablecoins directly within their account without using the order book. The swap feature is designed to simplify stablecoin management and make it easier to move funds between supported settlement assets before trading. **During the current promotional period (11 May 2026 - 10 June 2026), all swap fees are waived.** ### Supported Swap Pairs The following swap directions are supported: * USDC → USDT * USDT → USDC * USDC.e → USDT * USDT → USDC.e Note: * USDC refers to native Ethereum USDC * USDC.e refers to bridged USDC on Arbitrum *** ### Fees | Swap Pair | Standard Fee | Promotional Period | | ------------- | ------------ | ------------------ | | USDC → USDT | 0.1% | FREE | | USDT → USDC | 0.1% | FREE | | USDC.e → USDT | 0.1% | FREE | | USDT → USDC.e | 0.1% | FREE | ### Daily Limits | Limit Type | Amount | | ------------------------- | ----------- | | Daily platform-wide limit | 500,000 USD | | Daily individual limit | 100,000 USD | The available swap amount is determined by the lowest of: * Remaining platform-wide quota * Remaining personal daily quota * Available balance in the swap account # How to Swap 1. Go to **Portfolio** - <https://www.asterdex.com/en/portfolio/pro> 2. Click the USDC ⇄ USDT swap button 3. Select the token you want to swap from and to 4. Enter the amount 5. Review the estimated conversion rate and fees 6. Click **Swap** Once completed, the converted balance will appear in your account immediately. ### Swap Rules #### Minimum Swap Amount The minimum swap amount is: * 10 USDC * 10 USDC.e * 10 USDT #### Swap Availability The swap function may become temporarily unavailable under abnormal market conditions or when platform protection mechanisms are triggered. If unavailable, the swap button will be disabled. *** #### Swap History Users can view their swap history directly from the swap panel, including: * Swap time * From token and amount * To token and amount *** ### Frequently Asked Questions #### 1. Is the swap instant? Yes. Successful swaps are processed immediately. #### 2. Are there any trading fees during the promotion? No. During the promotional period, all supported USDC ⇄ USDT swaps are 0 fee. #### 3. Why is my available swap amount lower than my balance? The available swap amount is determined by your remaining personal daily swap limit, the remaining platform-wide swap quota, and your available balance. #### 4. Can I swap directly between USDC and USDC.e? No. Currently, swaps are only supported between: * USDC / USDC.e → USDT * USDT → USDC / USDC.e #### 5. Why is the swap unavailable? The swap feature may be temporarily disabled due to: * Platform risk controls * Abnormal stablecoin price deviations * Daily limit exhaustion # Post Only and Time-in-Force (TIF) ### **Post Only** An optional setting for limit orders. When enabled, the order is guaranteed to enter the order book as a maker order — it will never match against existing orders on placement. If it would match immediately, it's rejected instead of filled. Use Post Only when you want to ensure you always pay the maker fee rather than the taker fee. ### **Time-in-Force (TIF)** Controls how long your order stays active before it's executed or cancelled. Aster supports three types of TIF orders: | Type | Behaviour | | ----------------------------- | -------------------------------------------------------------------------------------- | | **GTC** (Good 'Til Cancelled) | Stays active until fully filled or manually cancelled. | | **IOC** (Immediate or Cancel) | Executes immediately, fully or partially. Any unfilled portion is cancelled instantly. | | **FOK** (Fill or Kill) | Must fill in full immediately, or the entire order is cancelled. No partial fills. | **Note:** Iceberg orders are not supported for IOC or FOK order types. # Support Center Sometimes you may encounter problems with your orders on Aster. These generally fall into two categories: **Order not executing** * Check the order price in the Open Orders section and confirm whether it has matched a counterparty’s bid or ask at that price and volume. * If the order is not filled, you can: * Cancel it from the Open Orders section and place a new order at a more competitive price. * Use a market order for faster settlement. **Other order-related issues** For issues such as being unable to cancel an order or coins not being credited to your account, please[ submit a ticket in Discord](https://discord.gg/invite/asterdefi) with the following information: * Screenshot of the order * Screenshot of the error message or issue # bStocks ### Overview bStocks are tokenized securities that provide synthetic exposure to publicly traded stocks and exchange-traded funds (ETFs) through blockchain-based tokens. They allow eligible users to trade stock-linked assets on Aster with the flexibility of digital assets while maintaining exposure to the economic performance of the underlying securities. Unlike traditional stock markets that operate during limited trading sessions, bStocks trade 24 hours a day, 7 days a week, including weekends and public holidays, allowing users to react to global market events at any time. Each bStock is designed to represent the economic value of a specific underlying security. Although bStocks closely track the performance of the referenced stock, they are not direct shares of the issuing company. *** ## What are bStocks? A bStock is a blockchain-based tokenized security that references a publicly traded company or ETF. Each bStock is intended to be backed by corresponding underlying securities or other eligible assets held through the applicable custody arrangements. This structure allows users to gain market exposure while trading entirely within the digital asset ecosystem. Holding a bStock provides exposure to the economic performance of the underlying security, including supported corporate actions such as dividend reinvestments and stock splits. However, owning a bStock is different from owning the underlying shares directly. Holding a bStock does not provide: * Shareholder ownership * Voting rights * Attendance rights at shareholder meetings * Direct dividend payments * Direct communication from the issuing company * Rights to participate in corporate governance Instead, bStocks are designed to reflect the economic performance of the underlying security through the mechanisms described throughout this documentation. *** ## bStocks vs Traditional Stocks | Feature | Traditional Stocks | bStocks | | ----------------------- | --------------------------------- | ---------------------------------------- | | Trading Hours | Exchange trading hours | 24/7, including weekends | | Ownership | Direct shareholder | Synthetic economic exposure | | Voting Rights | Yes | No