What To Know:
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Aster has launched Phase 5 of its buyback program, committing up to 80% of daily platform fees to ASTER repurchases from December 23, split between automatic daily buybacks and a flexible reserve for market-driven execution.
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All buybacks are carried out on-chain with disclosed wallet addresses, with token burns and long-term locks designed to gradually reduce circulating supply and maintain transparency.
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Despite continued repurchases, ASTER remains under short-term price pressure near $0.71.
Aster has begun Phase 5 of its ASTER token buyback program, extending a strategy that places protocol revenue at the center of supply management. The new phase to go live on December 23 and commits a significant share of daily platform fees to market repurchases, even as global crypto markets remain unsettled.
Aster Launches Phase 5 Buyback Token Program
Under the updated framework, Aster plans to direct up to 80 percent of its daily fee revenue toward ASTER buybacks. The structure is split. 40% of fees will be used for automatic daily buybacks executed on-chain, and a 20-40 percent will be held in reserve for strategic purchases triggered by specific market conditions. The aim is to combine consistency with flexibility, offering steady demand and also being able to act during periods of heightened volatility.
Stage 5 Buyback Program: Structured Support for $ASTER
We’re implementing a systematic buyback program designed to strengthen $ASTER tokenomics and create sustainable value for our community.
Starting December 23, 2025, Aster will allocate up to 80% of daily platform fees…
— Aster (@Aster_DEX) December 22, 2025
The daily buybacks are designed to run without manual intervention. Each execution is visible on-chain, allowing market participants to track activity in real time. Aster has disclosed the wallet address responsible for these transactions, reinforcing a policy of public verification that has become a recurring feature of its buyback strategy.
With the automated component, the strategic reserve is intended to support discretionary action. These funds may be deployed when liquidity thins or price dislocations emerge. The approach allows the protocol space to adjust to shifting market conditions without straying from its global capital allocation rules. Phase 5 then comes after Stage 4, which ended on December 21. That previous phase took place against the backdrop of heightened market volatility and was characterized by a rapid momentum of execution. Over the course of six days, Aster spent nearly 5.5 million USDT to buy back 6,555,799.91 ASTER tokens. During the timeframe, that purchase price averaged close to $0.84.
All transactions during Stage 4 were conducted directly on the open market and recorded on-chain. The buyback formed part of a larger $32 million program that began earlier in December. During its most active stretch, spending reached close to $4 million per day, allowing the tranche to close in just over a week. Aster said the purchases were financed entirely through protocol fee revenue, with no external capital involved.
Transparency played a central role in the execution. By publishing the buyback wallet address, the project reduced uncertainty around timing and scale. Traders were able to observe each transaction as it happened, and limited speculation and reinforcing confidence around the process.
The buyback strategy also ties into global supply controls. Aster has implemented partial token burns and long-term locks on repurchased tokens. Some of these balances are allocated for ecosystem incentives, while others are removed from circulation. The stated goal is gradual supply reduction over time, rather than abrupt contraction.
Even with these measures, ASTER has remained under price pressure. At the time of writing, the token was trading near $0.7114, with 24-hour trading volume of around $151 million. The price has edged lower on average in recent sessions.
The Aster team has acknowledged the divergence between buyback activity and short-term price performance. It has pointed to macro factors and broader risk sentiment as dominant forces. According to the project, buybacks are intended to support long-term alignment rather than deliver immediate price recovery.
Phase 4 has officially closed, but the buyback policy remains in force through the launch of Phase 5. The team has indicated that additional updates on execution and allocation may follow. Market participants are closely watching how the daily and strategic components interact over time.
Beyond buybacks, Aster continues to emphasize product expansion. The project plans to roll out Aster Chain, a Layer 1 network targeted for the first quarter of 2026.
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