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Aster DEX selects Trump family’s USD1 as exclusive settlement asset

Aster DEX selects USD1 as exclusive settlement asset for commodity perpetuals
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World Liberty Financial, the DeFi project affiliated with the Trump family, just secured what is likely its most commercially significant integration yet, and this time it came with an explicit “exclusive” attached.

Aster DEX announced Monday that all of its perpetual contracts tied to real-world assets will settle exclusively in USD1, WLFI’s dollar-pegged stablecoin. Not alongside Tether. Not as an alternative option. Exclusively. The initial rollout covers gold, silver, West Texas Intermediate crude, and Brent crude, four commodity markets with significant daily trading volume, with more to follow.

Perpetual contracts, for context, are a type of derivatives instrument that allow traders to gain exposure to an asset’s price movement without owning it or worrying about an expiry date. 

They’re among the highest-volume products in crypto, with over $50 billion traded daily across major centralized exchanges. Aster is bringing that product on-chain, meaning trades happen directly through smart contracts rather than through a centralized company holding customer funds.

“This is what winning looks like,” Donald Trump Jr. posted on X in response to the announcement.

WLFI said USD1 is being positioned as the base layer for tokenized real-world assets within the Aster ecosystem, with commodities trading serving as the entry point for that vision. Both teams also indicated they’re exploring deeper integration across their respective token ecosystems, suggesting the arrangement could extend beyond just settlement. 

Why this matters for USD1

USD1 has been building momentum steadily. Its circulating supply has crossed $4.6 billion, distributed across Ethereum, BNB Chain and Solana. It now ranks fifth among stablecoin issuers by daily active addresses, ahead of PayPal and Ethena. That’s meaningful for a project that only launched a few months ago, and it reflects an aggressive integration strategy rather than purely organic adoption.

Recent distribution wins for USD1 include BitGo Mint adding it to its institutional stablecoin management platform, MEXC integrating it across Launchpool, Savings and futures collateral, and the launch of World Liberty Markets, a DeFi lending platform with USD1 as its primary asset.The Aster deal is the first to give USD1 exclusive, infrastructure-level status on a major derivatives platform.

On the fee side, Aster is offering notably aggressive pricing for USD1 pairs: zero fees for market makers and just 0.5 basis points for takers. By comparison, its standard taker fee on USDT contracts is 4 basis point, meaning USD1 traders are effectively getting an 87.5 percent discount. Up to 2.5 million WLFI tokens are also being distributed monthly through a trading incentive program tied to USD1 volume. 

Aster’s own ambitions

The arrangement isn’t purely about USD1. Aster has its own goals here too. The platform is the second-largest perpetual DEX by open interest after Hyperliquid, incubated by YZi Labs, previously Binance’s venture arm, and recently launched the genesis phase of Aster Chain, a privacy-focused Layer 1 blockchain that uses zero-knowledge proofs to keep trades private by default. 

Bootstrapping liquidity ahead of a chain launch is a well-worn playbook in DeFi. By bringing USD1 in as an exclusive settlement asset for its commodity products, Aster is betting that WLFI’s growing distribution network and community bring it the user base it needs to make Aster Chain viable from day one.

Aster CEO Leonard put it plainly: “Aster Chain’s success depends on the depth of its underlying liquidity. By bringing USD1 into our core trading engine during this phase, we’re building the trading foundation for the Aster Chain launch.” 

For WLFI, the more platforms that treat USD1 as a primary, rather than secondary, settlement option, the stronger the case becomes for holding it over USDT or USDC. The Aster commodity deal is a meaningful step in building that argument, especially at a moment when the stablecoin market is more competitive than it’s ever been.

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