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Changpeng Zhao Joins Aster as Advisor Amid DEX Rivalry

9/28/2025

42 8 Full Breakdown

Summary

Story summary

Changpeng Zhao (CZ) confirmed an advisory role at the new decentralized exchange Aster and said he is not on the team.
Aster counts several former Binance employees and YZi Labs holds a minority stake.
$ASTER surged to $2.44 before retreating to around $1.85; the project faces a crowded DEX field dominated by dYdX and GMX, drawing mixed reactions.

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Story summary

Changpeng Zhao (CZ) confirmed an advisory role at the new decentralized exchange Aster and said he is not on the team.
Aster counts several former Binance employees and YZi Labs holds a minority stake.
$ASTER surged to $2.44 before retreating to around $1.85; the project faces a crowded DEX field dominated by dYdX and GMX, drawing mixed reactions.