Binance CZ Denies Aster DEX Involvement: Truth Behind the Rumors and ASTER Token Surge

By Coindrill In crypto, rumors spread faster than wildfire. And the past few days were no exception. Aster DEX suddenly blew up with insane trading volume and token growth — and the word on the street was that Binance and its founder Changpeng Zhao (CZ) were directly backing it. Well, CZ just jumped in to clear the air: Binance has nothing to do with Aster DEX. Rumors vs. Reality Crypto Twitter went wild. Some were convinced Binance was secretly supporting Aster, others claimed CZ had a big financial interest in the project. But during a recent Twitter Spaces, CZ laid it out plain and simple: Binance is not officially involved. He personally has zero direct investment in Aster. Yes, his venture arm YZiLabs holds a small stake — but that doesn’t equal full backing. So the hype is real, but calling Aster a “Binance project” is way off base. Aster DEX’s Wild Growth No doubt, Aster’s numbers are jaw-dropping: $46.9 billion trading volume in just 24 hours Token ASTER spiking more tha...