Aster Launches Perpetual Contract Trading Competition with Up to 150,000 USDT Prize Pool

CoinFeed reported on June 22 that decentralized contract trading platform Aster announced the launch of the "$U Perpetual Milestone Competition," offering up to 150,000 USDT in incentives for the BTCU and ETHU perpetual contracts, which were first listed through its permissionless Listing Vote. The prize pool is tied to the total trading volume during the event period, excluding market makers: 50,000 USDT if total volume does not exceed 200 million, 100,000 USDT if between 200 million and 500 million, and 150,000 USDT if above 500 million. Users must register on the event page and disable account privacy settings; only contract trading volume generated after registration will be counted. Trading through Binance Wallet, Trust Wallet, and other channels is valid. Rewards are distributed based on the proportion of effective trading volume, with BTCU and ETHU enjoying a 1.5x volume boost.