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Aster S3 Airdrop Guide

RazzaerUpdated Published 3 min read
Status:Ended

Action Required

Complete testnet actions

Visit Project Site

Claim Checklist

Connect Your Wallet
Join a Referral Team for Bonus Points
Fund Your Account
Start Earning Points (more details in video and below)
asterdex-s2-airdrop guide

Aster is a perpetual futures DEX that’s becoming a serious competitor to Hyperliquid, and right now they’re running Season 2 of their airdrop with 4% of the total $ASTER supply up for grabs. With over $2 billion in trading volume already and backing from major VCs (including endorsement from CZ), this isn’t just another memecoin DEX. The platform offers innovative features like trade-and-earn mechanics where you earn yield while trading, and their USDF stablecoin system that provides passive income on your margin.

Time is running out: Season 2 ends on Sunday, October 5th, 2025 at 23:59 UTC – that’s less than two weeks from today. Here’s exactly how to maximize your Rh points and secure your share of this airdrop.

Quick Season 3 Overview

    • Allocation: 4% of total $ASTER supply (320M tokens from 8B total supply)

    • Timeline: Live now, ends October 5th, 2025 at 23:59 UTC

    • How to earn: Rh points through Pro mode trading only (Simple/Dumb modes don’t count)

    • Snapshot frequency: Points update every 6 hours (00:00/06:00/12:00/18:00 UTC)

  • Key difference from Season 1: Multi-factor scoring system rewards actual platform usage, not just token holding

Eligibility
Paid
Chain
own chain
Difficulty
Difficult
Category
dexes

How to Check and Claim

How to Claim Your Aster S3 Tokens

1

Getting Started: Aster Quick Setup

Connect Your Wallet

Head to the official Aster DEX platform and click “Connect Wallet” in the top right corner. The platform supports most major wallets including MetaMask, Phantom, and WalletConnect options.

Once connected, you’ll see the main dashboard with access to perpetual trading, spot trading, and the rewards section.

 

2

Join a Referral Team for Bonus Points

Before you start trading, make sure to join a referral team to get up to 50% bonus points on all your activity:

    1. Navigate to the “Rewards” tab

    1. Click on “Points”

    1. Select “set your invite code”

    1. Enter a referral code D5a803 and click confirm.

This gives you an immediate multiplier on all points earned , essential for maximizing your airdrop allocation.

 

3

Fund Your Account

You’ll need to deposit funds to start earning points:

    1. Click on “Spot” or “Perpetual” in the main menu

    1. Select your preferred chain for deposits (supports multiple chains including Solana, BSC, Ethereum)

    1. Deposit USDT or other supported assets

    1. For perpetual trading, transfer funds from spot to perpetual margin account

Luckily I have a video dedicated to this exact process

 

4

Start Earning Points (more details in video and below)

Method 1: Perpetual Trading

  1. Navigate to the perpetual trading interface
  2. Switch to Pro mode (essential – Simple/Dumb modes don’t earn Season 2 points)
  3. Select a trading pair (BTC/USDT or SOL/USDT work well)
  4. Set position size and leverage (start small to learn)
  5. Open long or short positions – you earn ~200 base points per trade regardless of profit/loss

Method 2: Position Holding Strategy

  1. Open a perpetual position as above
  2. Leave positions open across snapshot times (every 6 hours: 00:00/06:00/12:00/18:00 UTC)
  3. Longer holding times = more bonus points on top of trading volume points
  4. Size and duration both factor into holding rewards

Method 3: USDF Minting & Yield

  1. Go to “Rewards” → “Trade and Earn”
  2. Click “Mint USDF” button
  3. Swap USDT to USDF (1:1 ratio, acts as platform stablecoin)
  4. Automatically earns 4.5% base APY, up to 16.7% with trading activity
  5. Use USDF as margin for extra point multipliers on all trades

Quick Start Recommendation: Mint some USDF first for the yield, then use it as margin for small perpetual trades while learning the interface.

How Aster Season 3 Point Scoring Works

Season 2 uses a sophisticated multi-factor system that rewards real platform usage. Here’s what counts:

Trading Volume (Primary Factor)

  • All perpetual trades in Pro mode earn base points
  • 2x multiplier for taker orders (market orders get double points vs limit orders)
  • Volume is calculated on position size including leverage

Position Holding Time

  • Longer positions earn more points
  • Snapshots taken every 6 hours to calculate holding rewards
  • No minimum holding time, but longer = better

Native Asset Usage

  • Using USDF as margin provides significant point multipliers
  • asBNB (yield-bearing BNB) also qualifies for bonus points
  • These assets also earn passive yield while used as collateral

Realized P&L (Both Wins AND Losses Count)

  • Profitable trades earn points based on profit amount
  • Losing trades also earn points (acts like a rebate system)
  • Points awarded on actual realized gains/losses, not unrealized

Team/Referral Bonuses

  • Team multipliers can reach 10-50% on all earned points
  • Larger teams with more combined volume = higher multipliers

Advanced Farming Strategies

Delta Neutral Funding Rate Arbitrage

One of the safest ways to farm points while minimizing risk is going delta neutral and capturing funding rates:

How it works:

  1. Open a long position on Aster (Pro mode)
  2. Open an equal short position on another platform OR on Aster as well (Hyperliquid works well)
  3. Collect positive funding rates while remaining market neutral
  4. Earn points on Aster for trading volume, holding time, and P&L

Example:

  • Spot buy $5000 worth of ASTER/USDT on Aster ($5000 position size)
  • Short $5000 worth of ASTER/USDT on Aster with 1x leverage and a positive funding rate
  • If ASTER pumps: Aster position gains, ASTER position loses equally
  • If ASTER dumps: Opposite happens
  • Earn funding rates (often 0.1-0.3% every 8 hours) plus Aster points

Risk management: Watch liquidation prices and funding rate changes. Keep positions sized appropriately to avoid liquidation on either side.

USDF Yield Strategy

Minting and using USDF as margin provides multiple benefits:

  1. Passive yield: 16.7% APY on USDF holdings
  2. Point multipliers: Extra points for using native assets as margin
  3. Stability: Pegged to $1, reduces margin volatility

Setup process:

  1. Navigate to “Trade and Earn” section
  2. Click “Mint USDF”
  3. Swap USDT (or other stables) to USDF directly on platform
  4. Use USDF as margin for all perpetual trades

High-Frequency Scalping for Volume

Since points are awarded per trade regardless of profitability, you can maximize points through frequent small trades:

  1. Set up small position sizes (1-5% of capital)
  2. Use tight stop losses and take profits
  3. Focus on liquid pairs with tight spreads
  4. Open and close positions multiple times per day

Important: Only do this in Pro mode – Simple and Dumb modes don’t earn Season 2 points.

Comparison to Other Perpetual DEXs

FeatureAsterHyperliquidDrift ProtocolJupiter Perps
Max Leverage1001x50x10x100x
Native Yield AssetsUSDF, asBNBNoLimitedJLP
Funding Rate ArbitrageYesYesYesYes
Current AirdropSeason 2 LiveSeason 2 LiveNoSeason 3 Live
Trade-and-Earn✅ 16.7% APYNoNoNo
Point MultipliersTeam/Asset BonusesN/AN/AN/A

Aster’s main advantages are the active airdrop, native yield-bearing assets, and sophisticated point multiplier system. However, Hyperliquid still has better liquidity and tighter spreads for most pairs.

Fee Structure & Costs

Trading Fees:

  • Market orders (takers): 0.05%
  • Limit orders (makers): 0.02%
  • Remember: Taker orders earn 2x points in Season 2

USDF Minting:

  • No fees for minting USDF from USDT
  • Small gas fees for on-chain transactions

Withdrawal Fees:

  • Vary by asset and chain
  • Generally competitive with other DEXs

Funding Rates:

  • Dynamic based on long/short imbalance
  • Updated every hour, paid every 8 hours
  • Can be positive or negative (opportunity for arbitrage)

Is Aster Safe? Security Breakdown

Platform Security:

  • Non-custodial trading (you maintain control of funds)
  • Smart contracts audited by reputable firms
  • No private key storage on platform servers

User Fund Protection:

  • Isolated margin system prevents total account liquidation
  • Insurance fund helps cover bad debt
  • Regular security audits and bug bounty programs

Personal Experience: After testing the platform extensively, withdrawals process quickly and I haven’t encountered any major technical issues. The interface is clean and responsive, though not quite as polished as Hyperliquid yet.

Red flags to watch:

  • Platform is relatively new compared to established competitors
  • Some features still in beta
  • Lower liquidity than major competitors (can lead to slippage on larger trades)

Season 3 and Beyond

Multiple sources suggest Season 3 will begin immediately after Season 2 ends, with potentially expanded rules including spot trading activity and new asset integrations. The total community allocation across all seasons is planned to be ~53.5% of total supply, making this one of the more generous airdrop programs in DeFi.

Not financial advice. I explain how these tools work and what they cost me; check the details yourself before moving money. Last reviewed .

Razzaer (@Razzaer)

I use Solana daily and provide liquidity on Meteora. These guides come from what I do myself; drafts are AI-assisted and I check every one. More about me · X · YouTube

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