news7h ago

Genius Token Debut Drives Huge Volume On Aster Dex

Aster DEX marked a major milestone with the debut of $GENIUS perpetual futures, generating $236 million in trading volume and peaking at $69 million in a single day during the campaign.

$GENIUS Makes Its DEX Debut on Aster

@Aster_DEX has notched a notable milestone with the listing of $GENIUS perpetual futures, becoming the first decentralized exchange to offer a perp contract on the token. The campaign generated $236 million in total perpetual trading volume, with daily volume peaking at $69 million — a strong signal of trader demand around the debut.

Crypto.news reported that Aster launched a "Rocket Launch" trading event on April 13, backed by a $200,000 prize pool in $ASTER tokens to incentivise participation in the new $GENIUS contract market. The listing coincided with a speculative surge in $GENIUS, whose market value briefly topped $820 million after an 850% price rally.

Binance Alpha also listed $GENIUS on April 13, 2026, creating a simultaneous launch environment that amplified market volatility. The dual listings helped funnel significant attention and liquidity toward the token in a compressed timeframe.

Dual Reward Pools and the Rocket Launch Format

Aster's listing of $GENIUS came with dual reward pools — a structure that distinguishes the platform from typical DEX launches. The Rocket Launch format splits rewards between $ASTER and partner tokens, using project-funded buybacks to replenish $ASTER incentives, with earlier campaigns also sized at around $200,000 to draw in high-volume perp traders.

Genius is a unified on-chain trading terminal with over $15 billion in spot volume, backed by YZi Labs, giving users access to spot, perp, and copy trading across more than 10 blockchains. For Aster, which has pitched itself as a next-generation DEX combining spot, perpetuals, and tokenised stocks with low fees and deep liquidity, the $GENIUS partnership is a bid to sit at the centre of the on-chain trading stack.

Previous Rocket Launch campaigns have helped push Aster's on-chain holder count above 200,000, demonstrating the format's effectiveness in driving user acquisition. The $GENIUS debut adds to a growing list of high-profile listings that have reinforced Aster's position in the competitive perp DEX market. Aster has climbed to number two among perp DEXes, with $2.1 billion in daily volume and backing from Changpeng Zhao.

Sources
Crypto.news — Aster DEX lists first GENIUS perpetuals as token rockets 850%
Benzinga — Genius Trading Terminal Partners with Aster

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Author

Soumen Datta

Soumen has been a crypto researcher since 2020 and holds a master’s in Physics. His writing and research has been published by publications such as CryptoSlate and DailyCoin, as well as BSCN. His areas of focus include Bitcoin, DeFi, and high-potential altcoins like Ethereum, Solana, XRP, and Chainlink. He combines analytical depth with journalistic clarity to deliver insights for both newcomers and seasoned crypto readers.