Decentralized derivatives trading platform Aster has listed tokenized stock $SKHYB for spot trading and started a one-week holding and trading campaign, according to an official announcement cited by ChainCatcher. The campaign offers a prize pool worth $15,000 in SKHYB.
The announcement also says Aster now supports bStocks assets as collateral for perpetual futures trading. After enabling multi-asset mode, users can deposit SKHYB and have up to 90% of its market value counted as collateral. That structure allows users to trade in any perpetual market without selling the underlying stock exposure.
Aster said the setup is designed to use the advantages of multi-asset margin and improve capital efficiency. The notice adds that bStocks is a tokenized security issued by BTECH Holdings and is backed 1:1 by underlying stock assets held by a regulated custodian.
Decentralized derivatives trading platform Aster has listed tokenized stock $SKHYB for spot trading and, starting today, opened a one-week holding and trading campaign with a $15,000 SKHYB prize pool, according to an official announcement cited by ChainCatcher.
SKHYB spot trading goes live on Aster
Under the campaign notice, Aster now supports bStocks assets as trading collateral for perpetual futures. After turning on multi-asset mode, users can deposit $SKHYB and have up to 90% of its market value recognized as collateral.
That means users can take part in trading across any perpetual futures market without selling the underlying stock. Aster said the arrangement is intended to make use of multi-asset margin and improve capital efficiency for users.
How bStocks is structured
The announcement says bStocks is a tokenized security issued by BTECH Holdings and is pegged 1:1 to underlying stock assets held by a regulated custodian.
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