Aster Launches BAY Perpetual Contract With $50,000 ASTER Reward Pool

Aster Launches BAY Perpetual Contract With $50,000 ASTER Reward Pool

N
News Editor 01
2026-07-10 11:39:13
Aster has launched the BAYUSDT perpetual contract alongside a $50,000 ASTER reward campaign running from April 8 to April 15. Rewards are based on trading fee contribution, with a 1.2x multiplier applied during the event period.
AsterPerpetual ContractsBAYUSDTReward PoolASTER

Aster has announced the launch of its BAYUSDT perpetual contract, paired with a $50,000 ASTER reward pool designed to encourage early trading activity. According to the announcement, the contract goes live on April 8 at 12:00 UTC, and the promotional campaign will run until April 15 at 14:00 UTC. During that period, BAYUSDT trading will receive a 1.2x multiplier.

How the rewards will be distributed

The reward pool will be allocated based on each participant’s share of total trading fees generated during the campaign. However, Aster has set a cap so that no single user can receive more than 3% of the total pool. This structure allows active traders to benefit from higher participation while limiting excessive concentration of rewards among a small number of accounts.

To qualify, users must generate more than $5 in trading fees during the event. In addition, any payout calculated at less than 1 ASTER will not be distributed. These thresholds indicate that the campaign is aimed at meaningful participation rather than minimal-volume activity.

Anti-fraud warning and launch strategy

Aster also said that any fraudulent behavior or abusive activity will lead to disqualification. The campaign reflects a familiar strategy in derivatives markets: using trading incentives and fee-based reward mechanisms to support liquidity and attract attention when a new perpetual contract is introduced.

The available announcement focuses on launch timing, incentive structure, and participation rules, but does not provide broader detail about the BAY asset itself. For traders considering the event, the incentive may be attractive, but perpetual contracts still carry their own market risks and should be approached with appropriate caution.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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