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Aster DEX Halts ASTER Airdrop Amid Allocation Irregularities and Insider Allegations

Aster DEX has temporarily paused its ASTER token airdrop following widespread user complaints regarding inconsistent and lower-than-expected token allocations.

The suspension was triggered by an internal review that revealed irregularities in the distribution data, with some users receiving smaller rewards than their activity suggested. The team is currently re-verifying snapshot calculations tied to user engagement and liquidity contributions, promising that final allocations will not fall below the recorded percentage for each tracking period (epoch).


Transparency Measures and Refund Option

To address fairness and restore confidence, Aster has introduced a refund mechanism:

  • Refund Window: After the revised allocations are confirmed, a 48-hour window will open, allowing participants to request a reimbursement in USDT instead of keeping their distributed ASTER tokens.
  • New Deadline: The airdrop is now tentatively scheduled to proceed by October 20, pending the full verification of data.
  • Commitment: Aster reaffirmed its commitment to transparency and will publish the updated figures soon.

Community Frustration and Insider Allegations

The decision to halt the airdrop follows vocal frustration from the community, most notably from influencer Quinten 048.eth. The influencer, who claims to have driven over $100 million in trading volume and 250 new users, reported receiving only a minimal reward of 338 ASTER tokens.

Quinten publicly accused Aster and Binance of “farming their own airdrop,” alleging that insiders may have captured up to 95% of the total rewards. While Binance founder CZ sought clarification, the influencer maintained that the referral-based points system had heavily skewed results toward a small fraction of participants.

Despite the undisclosed source of the discrepancies, Aster, which was recently a top performer in perpetual trading volumes, states it is prioritizing accuracy and fairness over speed to restore user trust.

October 2025, Cryptoniteuae

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Vaibhavv Ali
Vaibhavv Ali

Vaibhavv Ali is the founder and editor of Cryptonite (cryptonite.ae), an independent digital-asset news and analysis publication with a UAE focus. He covers virtual-asset regulation — VARA, ADGM and the UAE Central Bank — alongside real-world-asset tokenization, stablecoins and agentic AI in finance. Every Cryptonite article is human-edited and its sources are linked. He is also a celebrated speaker and host.

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