Aster DEX Unveils Rocket Launch to Boost Early Crypto Projects

• Aster DEX introduced Rocket Launch to provide liquidity and community support for early-stage crypto projects.
• The first campaign partners with APRO Oracle and offers joint reward pools to encourage user participation.

Aster DEX has officially unveiled a new feature called Rocket Launch, a program aimed at providing liquidity support to crypto projects just starting out.

The launch of this feature comes amid increasingly fierce competition among decentralized trading platforms. Aster DEX appears to be aiming to offer a fast track for smaller projects to avoid initial failure.

Rocket Launch will provide a prize pool consisting of a combination of ASTER tokens and the tokens of participating partner projects, providing both the community and the projects with an incentive to actively participate.

Rocket Launch’s first collaboration is with APRO Oracle, a decentralized oracle project still in the ecosystem development stage. The total prize pool for this inaugural campaign reaches $200,000, a significant amount to attract traders seeking early opportunities.

It’s also interesting to see how Aster DEX has chosen partners focused on data infrastructure, rather than simply hype projects. This suggests that Rocket Launch isn’t just a short-term promotional program, but part of an effort to build a connected and practical ecosystem.

Rocket Launch Built to Support New Projects

The Rocket Launch concept is designed to attract liquidity in a more transparent manner. Users who participate in the campaign not only trade but also contribute to the provision of liquidity for new projects entering the market.

Of course, for some, this may sound quite “theoretical,” but for traders accustomed to the DeFi space, this opportunity is a way to feel more involved in the early growth of an ecosystem.

On the other hand, Aster DEX itself faced public pressure in mid-October, when concerns arose about wash trading activity after the platform was delisted from DeFiLlama.

Despite this, a report from the CNF indicates that Aster DEX’s market momentum remains strong, and its community appears to be even more active. The rise in sentiment, increased user interest, and sustained trader optimism demonstrate that Aster DEX has not lost ground.

ASTER Market Outlook and Trading Momentum

Furthermore, this development is linked to the integration of Trust Wallet last September. This integration allows users to trade perpetuals on Aster DEX with up to 100x leverage across over 100 different markets.

Features like multi-chain support, stealth order mode, and advanced trading tools make the Aster DEX increasingly attractive to traders looking to stay within a decentralized ecosystem without sacrificing flexibility.

Meanwhile, as of press time, ASTER was changing hands at about $1.1413, recording a 1.70% increase in the last 4 hours and 11.71% in the last 24 hours.

Popular crypto analyst Captain Faibik even expressed his view that ASTER is in a wedge pattern with the potential to break upwards, with an upside target of over $1.90 if this momentum continues.