Aster has risen to the first place in the global transaction fee rankings, surpassing Tether and Circle.

The ASTER narrative has disrupted the DeFi rankings: in the latest 24 hours, ASTER surged to the top of global protocol fees, surpassing stablecoin giants Tether and Circle—this milestone highlights how on-chain demand has quickly shifted towards high-frequency trading DEXs. Below, we analyze ASTER's fee data, why it has surged, what the price of ASTER is on Gate today, and how Gate users can trade this trend with discipline. Data and dates as of September 30, 2025 (ICT).

ASTER Fee Ranking: How ASTER Surpasses Tether and Circle

In the past 24 hours, the protocol fees for ASTER peaked between 25 million and 30 million, enough to surpass Tether (approximately 22 million USD) and Circle (approximately 7-8 million USD) in certain snapshots for the top position. Rankings may fluctuate within a day, but the key point is clear: ASTER is now competing at the very top of the global fee chart.

The DeFi tracker also shows fees of up to 24 hours and sustained 7-day momentum – supporting a landscape for quick income generation.

##ASTER Mechanism: Why ASTER Fee Generation Surge

ASTER is a decentralized perpetual contract exchange, and its business model profits through maker/taker fees (usually around 0.01%/0.035% before discounts). The surge in user activity—driven by increased awareness and liquidity—has pushed ASTER's daily fee income to the peak of the cryptocurrency space, a level typically dominated by stablecoin issuers.

In addition to the initial printing costs, ASTER's momentum is also related to the surge in perpetual contract trading volume, whale participation, and headline exposure—factors that can compress the time between product market fit and monetization. These drivers are consistent with the fee surge observed on the aggregated dashboard.

Today's ASTER Price on Gate: Real-time ASTER/USDT and ASTER Futures Indicators

For Gate users, the most actionable view is the ASTER/USDT market:

• ASTER today's price (Gate spot): ~$1.87
• 24-hour range: ~$1.78–$2.00
• 24-hour trading volume: ~$120M USDT

If you trade derivatives, please pay attention to the ASTER USDT perpetual contract on Gate:

• Mark/Index: ~$1.87
• Open Contracts: ~$11M
• 24-hour Trading Volume: ~$140M USDT
• Recent fund snapshot: Slightly positive

##ASTER vs. Stablecoin Giants: The True Meaning of ASTER Fee Printing

1) Fee Leadership (24 hours) is a strong signal: But this is just a snapshot. Several reports indicate that ASTER ranks first in 24-hour fees, surpassing Tether and Circle. However, the fee leaderboard is a time slice and may reverse during quieter periods.

2) Different Economic Engines: Tether and Circle profit through stablecoin operations and off-chain revenue channels, while ASTER profits through exchange activities. This means that ASTER's main performance statement is about trader participation and on-chain throughput, rather than necessarily a line-by-line comparison of business models.

3) The market environment over the past seven days still looks strong: Even on a weekly basis, Tether leads, with ASTER's 7-day fee annualized rate at a rare high—surpassing many DEX peers—helping to verify that this is not an hourly anomaly.

The Role of ASTER on Gate: How ASTER Fee Intensity Translates into Trading Settings

Accumulate ASTER through Gate spot trading. To gain directional exposure without leverage, use layered limit orders around the visible liquidity range on ASTER/USDT to establish positions. Pair with price alerts to respond to surges in new fee rankings or program announcements. Gate's depth view and transaction volume help you discover the actual absorption size of the order book.

Trade ASTER momentum through Gate Futures. If you are trading ASTER perpetual contracts, adjust based on funds and open contract sizes—rapid fee days can often trigger funding squeezes. Consider trading around clear failure frameworks (e.g., the previous day's low or lost intraday VWAP), and if funding rises sharply while open contracts increase, reassess.

Follow the ASTER event on Gate. Please pay attention to Gate announcements, Gate blog explanations, and in-app banners for activities related to ASTER (trading challenges, fee rebates, or learning to earn). These can promote short-term flow and improve the trading economy of active users.

##ASTER Risk Factors: What Could Disrupt the Story of ASTER Fees

• Ranking loss risk. Fee ranking fluctuations; if there is a surge in stablecoin issuance or redemption elsewhere, ASTER may drop to second place.
• Headline and operational risks. Rapidly growing decentralized exchanges face event risks (price failures, wallet issues). ASTER has compensated after market volatility - this is a good sign, but it highlights the sensitivity of operations.
• Financing/long squeeze risk on ASTER. The rebound of perpetual contracts may overheat; rising financing + increasing open interest raises the probability of a squeeze. Use leverage less than the spot nominal and predefine exits around invalidation, rather than PnL.
• Data interpretation risks. "Fees", "Revenue" and "Trading Volume" may differ across various dashboards. Always confirm the definitions of the metrics before drawing conclusions.

ASTER Today's Price & What Gate Users Should Pay Attention To

• Price Discipline: As of September 30, 2025 (ICT), the ASTER price on Gate Spot is close to $1.87, with a 24-hour range of $1.78–$2.00; please check the real-time page before placing an order. Momentum traders can use breakout backtesting logic around session highs and set tight invalidation points; accumulators can wait for the liquidity structure to refill.
• Fee Momentum: If ASTER remains within the top 3 of daily fees for several consecutive days, it is typically associated with sustained order flow - favorable for trend followers.
• Communication Rhythm: The switch to new products (risk control, fee adjustments, incentive measures) can quickly change the trading economics; please pay attention to the specific information summarized by the official sources and published by Gate to understand the information that affects your cost benchmarks and advantages.

##ASTER Conclusion: ASTER's fee leadership is a genuine signal - trading through Gate.

In the latest 24 hours, ASTER has surged to #1 in protocol fees—surpassing Tether and Circle. This is not just a headline; it proves that the strong on-chain trading demand surrounding a perpetual DEX product is solidifying. For Gate traders, the path is clear: use ASTER/USDT spot for core exposure, monitor the funding/open interest discipline of ASTER perpetual contracts, and anchor decisions on Gate's real-time order book rather than social noise. If ASTER maintains top fees across multiple trading sessions, the rationale for mid-term allocation will strengthen—but as always, let Gate's real-time data guide your execution.