Aster will use 99% of fees for buybacks, widen token burns

Decentralized exchange Aster said it will now funnel 99% of daily platform fees into repurchases of its token, a more aggressive version of a buyback plan that links trading activity directly to ASTER supply reduction.

The announcement came on Aster’s official X account on June 17. Under the revised program, the exchange will use nearly all of its platform fees to buy ASTER in the market, then burn an equal amount of tokens from reserves to offset the repurchases. That structure matters for traders because it ties fee generation to two forces that can support the token – recurring buying pressure and a shrinking supply.

Aster said the repurchased tokens will not simply disappear into the treasury. Instead, they will be distributed to stakers as loyalty rewards at each epoch, alongside a base payout of 300,000 ASTER tokens. That gives the program a dual function: it rewards users who lock up the token, while also keeping the market focused on the supply side of the equation.

The burn plan is more aggressive on the team side. Aster said the program will focus on team-allocated tokens and continue until total supply falls to 3 billion from 8 billion now. That is a steep cut, and it gives the market a clear target to watch. If the exchange can sustain fee growth, the pace of buybacks and burns could become a meaningful narrative driver for ASTER.

For traders, the clean read is simple. More fees, more repurchases, more burns. But the durability of the setup still depends on actual platform usage, not the headline itself. If volumes slow or fees compress, the buyback pool shrinks with them. If activity holds up, the token’s circulating supply may tighten faster than many models assumed.

Aster did not give a detailed timetable for the full reduction to 3 billion tokens, so the next checkpoint is execution: how much fee revenue the platform produces in coming epochs, how many tokens are repurchased, and whether the burn pace matches the team’s stated schedule. ASTER should stay sensitive to those figures.