Crypto Wallets Expand Their Capabilities: Trust and Aster DEX Combine Trading and Asset Storage
- Trust Wallet partners with Aster DEX to enable 100x leveraged trading across 100+ markets via multi-chain execution (Ethereum, BNB Chain, Solana, Arbitrum). - Users can now earn passive income with yield-bearing collateral (e.g., asBNB, USDF) and choose between Pro and Simple trading modes for advanced or high-leverage execution. - Competitive 0.01% maker fees and 0.035% taker fees position Aster DEX as a strong decentralized derivatives contender, though ASTER token’s 40% 24-hour surge raises liquidity
Trust Wallet, a self-custody crypto wallet created by Binance, has revealed a significant upgrade to its features through a collaboration with decentralized perpetual exchange Aster DEX. This partnership allows users to access over 100 perpetual trading pairs with leverage up to 100x, representing a major move toward unifying trading and asset storage in one place. The latest update also brings multi-chain trading capabilities across
With Aster DEX now integrated, users benefit from new features that boost both usability and capital efficiency. These include hidden order types to help avoid front-running and slippage caused by MEV (maximal extractable value) bots, as well as collateral options that generate yield, such as asBNB and USDF. Traders can now use margin assets to earn passive returns while keeping leveraged positions open, a feature that may attract both individual and institutional users Trust Wallet to Introduce Perps with 100+ Markets & Up to 100x … [ 1 ]. The platform also provides two trading interfaces: a "Pro Mode" with advanced order book functions, and a "Simple Mode" tailored for fast, high-leverage trades.
Aster DEX’s competitive fee model further strengthens its position among decentralized derivatives platforms. Maker fees start as low as 0.01%, and taker fees are around 0.035%, making them more attractive than those on centralized and many decentralized exchanges Trust Wallet to Introduce Perps with 100+ Markets & Up to 100x … [ 1 ]. This cost-effective approach, paired with support for multiple chains, has led to comparisons with Hyperliquid, a top perpetual DEX known for its deep liquidity. While Hyperliquid currently leads in daily trading volume, Aster’s integration with Trust Wallet—which boasts millions of users—could dramatically increase its liquidity and user base Trust Wallet to Introduce Perps with 100+ Markets & Up to 100x … [ 1 ].
The announcement has already impacted the market. ASTER, the platform’s native token, jumped over 40% within a day of the news, and BNB Chain’s token also saw a rise of more than 2%. To celebrate the launch, a giveaway of 50,000
Despite these advancements, concerns have been raised about the token allocation model. Reports show that 96% of ASTER tokens are held by just six wallets, sparking worries about centralization, governance risks, and the potential for liquidity manipulation Trust Wallet to Introduce Perps with 100+ Markets & Up to 100x … [ 1 ]. Such concentration could erode trust in the project, especially as users increasingly value transparency and fair token distribution. Experts suggest that Aster must address these challenges head-on to maintain its reputation as it continues to grow Trust Wallet to Introduce Perps with 100+ Markets & Up to 100x … [ 1 ].
This integration is part of a larger movement in the blockchain sector, where wallets are transforming into comprehensive platforms. Trust Wallet’s latest step fits with BNB Chain’s broader goal to become a leading center for decentralized derivatives, with four of the top ten perpetual DEXs now operating on its network. By combining low transaction fees, cross-chain compatibility, and advanced risk management tools, the platform could accelerate this trend and reshape how users engage with on-chain trading solutions.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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