Aster DEX Burns 3.109 Million ASTER Tokens as Market Watches Supply Pressure
Aster DEX burned about 3.109 million ASTER tokens roughly one hour ago, according to Arkham monitoring data. According to ChainCatcher, the tokens were valued at about $2.25 million.
The report said Hyperliquid's total token supply is close to 1 billion, while Aster's total supply is 8 billion, about eight times larger. Market attention is now on whether Aster's future burn mechanism can continue easing token supply pressure.