Aster DEX Initiates Buybacks as $ASTER Declines

Published by

Sohrab Khawas

January 19, 2026

Aster DEX has launched an automated buyback program, directing 20-40% of daily platform fees to repurchase $ASTER from its reserve wallet. This expands an earlier initiative, allowing up to 80% of fees to support the token. The move comes as $ASTER tumbled 12% to $0.63, triggered by Bitcoin’s drop from $95,400 to $92,000 and a broader altcoin sell-off. While traders reacted with surprise, bulls view the buybacks as a strategic tool to shrink supply and stabilize the token.

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Sohrab Khawas

Sohrab is a passionate cryptocurrency news writer with over five years of experience covering the industry. He keeps a keen interest in blockchain technology and its potential to revolutionize finance. Whether he's trading or writing, Sohrab always keeps his finger on the pulse of the crypto world, using his expertise to deliver informative and engaging articles that educate and inspire. When he's not analyzing the markets, Sohrab indulges in his hobbies of graphic design, minimal design or listening to his favorite hip-hop tunes.

Published by

Sohrab Khawas

Tags: Crypto news