Asternomics — ASTER Unlocks, Buybacks & Burn Tracker

TOKEN DISTRIBUTION PER STAGE (MILLIONS)

Claimed · Vested · Burned

Claimed

Vested

Burned (overlay)

% OF SUPPLY PER STAGE — SHRINKING EMISSIONS

📈 CIRCULATING SUPPLY TRAJECTORY

Unlocked vs absorbed (buyback + staking) since TGE · net = actively tradeable supply

📊 What this shows: Orange = all ASTER claimed and in circulation so far (excludes ecosystem & community tokens held in treasury, except staking emission rewards). Pink = cumulative buyback. Blue = cumulative staked (removed from tradeable float). Gold dashed line (with dots at each month-end) = Net Trading Supply = Unlocked − Buyback − Staked. This mirrors the TRADING SUPPLY total in the Month-by-Month Ledger.

⚡ BUYBACK EFFICIENCY · ASTER PER $1M SPENT

Higher bars = cheaper tokens · reveals if buybacks get more efficient as price drops

💡 Why this matters: Buybacks at lower prices buy more tokens per dollar, compounding the deflationary pressure. Each bar = a buyback program's average efficiency. An upward trend over time signals that the protocol is accumulating aggressively while price is low.

🎯 PRICE vs BUYBACK SIZE · DAILY SCATTER

Is the protocol timing buybacks with price, or just spending as fees come in? Each dot = one buyback day

🔍 How to read this: Gold star = the Oct 10, 2025 off-chain buyback ($166.5M). Blue dots = daily on-chain buybacks (size scales with spend). A negative correlation = protocol buys more at lows (strategic). A positive correlation = buybacks scale with fee revenue (mechanical).

BUYBACK DASHBOARD

Buyback Overview

⚡ SWITCH VIEW

TOTAL USD SPENT

$320,202,427*

* Incl. Oct 10 est · excl. = $153,702,427

TOTAL ASTER BOUGHT

275,073,512

10.1% of total unlocked

AVERAGE BUYBACK PRICE

$1.164*

* Weighted avg · On-chain only: $0.878

ASTER PRICE

…

$0.6786

Live market price

LAST 24H ASTER BUYS

No buybacks in last 24h

LAST 24H FEE

…

$290,544

40% → daily buybacks

ℹ️

About these totals

These metrics combine verified on-chain buyback totals ($153,702,427 / 175,073,512 ASTER · Oct 28, 2025 – Apr 23, 2026) with 1 estimated entry for the Oct 10, 2025 buyback of 100M ASTER, priced at $1.665 — the midpoint of the $1.50–$1.83 intraday trading range. This estimate contributes approximately $166.5M USD. Any metric that includes the Oct 10 estimate is marked with a yellow * asterisk throughout this tab for full transparency.

RECENT TRANSACTIONS

⚠ Note: Entries marked with a yellow * asterisk use estimated averages where exact price data is unavailable. The Oct 10, 2025 buyback of 100M ASTER is estimated at $1.665 (midpoint of the $1.50–$1.83 trading range that day).

CUMULATIVE BUYBACK

Total ASTER bought across all buyback programs over time

MINUTE-LEVEL BUYBACK ACTIVITY — LAST 24H

…

Every minute either wallet buys ASTER, a bar appears · derived from on-chain wallet snapshots · ● Auto · ● Strategic

DAILY BUYBACK — LAST 30 DAYS

…

Aggregated ASTER purchased per day

MONTHLY BUYBACK BREAKDOWN

ASTER purchased each month since the buyback program began

🤖 AUTO BUYBACK WALLET — LIVE

Live on-chain balance of the Automatic Buyback Wallet · fetching…

0x664827c71193018D7843f0D0F41A5D0D6dcEBE0F ↗

USDT ON HAND

—

Available for next auto buyback

POTENTIAL PURCHASING POWER

—

at current price

ASTER ALREADY HELD

—

Bought · pending burn

⚡ STRATEGIC BUYBACK RESERVE — LIVE

Live on-chain balance of the Strategic Buyback Wallet · fetching…

0xe5779AEEf4ccC5Ec4fD78f008063D7DC4D0A780c ↗

USDT ON HAND

—

Available for strategic purchases

POTENTIAL PURCHASING POWER

—

at current price

ASTER ALREADY HELD

—

Bought · pending burn / deploy

📡 ASTER WALLETS — LIVE FEED

…

Real-time wallet activity across both buyback wallets · USDT deposits and ASTER acquisitions tracked together

ASTER STAKING · LIVE DATA

Staking Program Overview

⚡ SWITCH VIEW

CONNECTING…

NETWORK STAKED

285.24M

≈ $193.59M @ $0.6786 · 10.4% of total unlocked

WEIGHTED AVG BASE APY

4.05%

Across 7 active validators

WEEKLY EMISSION

450,000

ASTER per epoch (7 days)

AVG VALIDATOR UPTIME

99.98%

Across all 7 validators

EMISSION CUT

↓ 97.1%

From old 78.4M/mo model

CURRENT EPOCH

2026/04/27 → 2026/05/04

UTC+0 · 450K ASTER being distributed

NEXT EPOCH

2026/05/04 → 2026/05/11

UTC+0 · starts in ~3 days

VALIDATOR PERFORMANCE

Live validator metrics — total staked, estimated base APY, uptime, and status

📈 STAKE GROWTH · HOURLY

Net change in network total stake per hour · last 24 hours · loading…

📊 STAKE GROWTH · DAILY

Net change in network total stake per day · last 30 days · loading…

📅 STAKE GROWTH · MONTHLY

Net change in network total stake per month · since the validator system went live · loading…

OLD LINEAR MODEL → NEW STAKING MODEL

A structural pivot: from unconditional dilution to participation-gated rewards

❌ PREVIOUS MODEL

78.4M

ASTER / month · linear vesting

Fixed monthly unlock over 20 months regardless of demand.
≈ 1% of total supply released each month.

✅ NEW STAKING MODEL

2.25M

ASTER / month · staking-only rewards

Emissions only enter circulation as staking rewards.
≈ 0.028% of total supply released each month.

Monthly supply dilution comparison

Reduction: ↓ 97.1%

OLD

78.4M

NEW

2.25M

CUMULATIVE STAKING EMISSIONS · 2026 → 2030

Bar height = running cumulative · 2.25M ASTER/month from Apr 2026 through Mar 2030, then stops · 108.45M total

📊 MONTHLY STAKING REWARDS · EMITTED

Each bar = ASTER emitted that month · auto-extends each calendar month · gold = in-progress month

TOTAL EMITTED

4.95M

of 108.45M scheduled · 4.6%

💰 STAKING REWARDS CALCULATOR

Select a validator, stake amount, and lock duration to estimate your rewards

VALIDATOR

CONNECTING…

Base APYs fetched live from Aster Chain — updated on tab open and every 60s.

STAKE AMOUNT (ASTER)

LOCK PERIOD (LOYALTY REWARDS)

26 weeks

+1.1% APY

6 month lock

52 weeks

+2.2% APY

1 year lock

104 weeks

+4.5% APY

2 year lock

156 weeks

+6.8% APY

3 year lock

MAX

208 weeks

+9.0% APY

4 year lock

⚡ TRADING VOLUME BOOST multiplies loyalty rewards · based on your 30-day trading volume

1.00×

< $500K / epoch

1.05×

> $500K / epoch

1.15×

> $50M / epoch

MAX

1.25×

> $200M / epoch

TOTAL APY

6.58%

Base 4.14% + Loyalty 2.44%

UNLOCK DATE

—

⚙ EST. BASE REWARDS

per epoch

7.96

APY: 4.14%

150K pool × Validator Share × Your Share × (1 − Commission)

💎 EST. LOYALTY REWARDS

per epoch

4.69

APY: 2.44%

300K pool × (Your Boosted veASTER ÷ Total veASTER)

DAILY

1.79

≈ $1.23

WEEKLY (EPOCH)

12.58

≈ $8.62

MONTHLY

54.50

≈ $37.33

ANNUAL

654.00

≈ $447.99

LOCK TOTAL

654.00

≈ $447.99 over 52w

📐 THE MATH · derived live from Aster Chain

YOUR veASTER

2,500

stake × (lock ÷ 208w)

MY SHARE ON VALIDATOR

your ÷ validator stake

VALIDATOR SHARE

% of network stake

TOTAL veASTER (EST)

159.80M

network stake × 0.827

COMMISSION

0.00%

currently all 0%

ℹ️ Calculator uses AsterDex's on-chain formulas: Base = stake × validator_APY ÷ 52, Loyalty = 300K pool × (your boosted veASTER ÷ total veASTER). Total veASTER is estimated at 0.827 × network stake (calibrated against AsterDex's live calculator — avg lock-time weight). Within ~0.5% of AsterDex's live calculator. USD estimates use live ASTER price $0.6786. 208-week lock earns max veASTER voting power.

⚠ EARLY EXIT PENALTY

Unstaking before your lock period ends triggers a penalty — the earlier you exit, the larger the cut

STAKED AMOUNT (ASTER)

LOCK PERIOD

26w

6 mo

52w

1 year

104w

2 years

156w

3 years

MAX

208w

4 years

TIME ALREADY LOCKED

0 weeks · 0.00 years

⚠ JUST STARTED MATURITY · 208w ✓

PENALTY RATE

60%

MAX PENALTY

ASTER LOST

6,000

≈ $4,110

NET RETURNED

4,000

≈ $2,740

← LOST · BURNED/REDISTRIBUTED YOU KEEP →

60%

40%

TIME ELAPSED

0.00y

TIME REMAINING

4.00y

UNLOCK DATE

—

formula: penalty = amount × max(N%, min(M%, time_left ÷ 4y))
          
            Current governance parameters: M = 60% (max) · N = 2% (min). Subject to change via protocol governance.
          
            ℹ Penalty applies to principal only. Accumulated staking rewards are returned in full with no penalty.

⟳ REDISTRIBUTED

A portion of the penalty enters the next epoch reward pool, boosting rewards for loyal stakers who remain locked.

🏛 ECOSYSTEM FUND

The remaining portion goes to the ecosystem fund for long-term protocol development and treasury operations.

⚠ Bottom line: Early exits are expensive. If you unstake with >50% of your lock term remaining, you'll lose the majority of your principal. The penalty drops linearly as you approach unlock — only commit to a lock period you're confident you can complete.

DUAL REWARD STRUCTURE

Every weekly epoch distributes two reward pools totaling 450K ASTER

TIER 1

⚙ BASE APY POOL

150,000

ASTER per epoch

WEEKLY

150K

ANNUAL

7.80M

Distributed to all stakers proportionally. Current weighted avg: 4.20% APY.

TIER 2

💎 LOYALTY REWARDS

300,000

ASTER per epoch

WEEKLY

300K

ANNUAL

15.60M

Scales with lock duration + trading activity. Top-tier stakers earn substantially more.

⚡

COMBINED PER EPOCH

450,000 ASTER

MONTHLY

~2.25M

ANNUAL

27.00M

⚡ TRADING VOLUME BOOST

Your personal trading volume per epoch multiplies your veASTER weight in the Loyalty Rewards pool

TIER 1

EPOCH VOLUME

> $500K

MULTIPLIER

1.05×

+5% loyalty weight

TIER 2

EPOCH VOLUME

> $50M

MULTIPLIER

1.15×

+15% loyalty weight

MAX

EPOCH VOLUME

> $200M

MULTIPLIER

1.25×

+25% loyalty weight

📐 HOW IT STACKS

            Power = veASTER × Boost

            veASTER = locked_amount × (remaining_lock ÷ 208w)

Boost applies only to the Loyalty Rewards pool (300K/epoch) — it does not affect Base APY. Epoch volume is measured per-wallet across all Aster perp markets (Mon 00:00 UTC → Sun 23:59 UTC). Volume resets each epoch, so you need to trade every week to keep the boost active.

⚡ Compounding effect: A 4-year lock on 10K ASTER earns 1.00× veASTER. Add $200M+ epoch volume and that same stake captures 25% more of the Loyalty pool — stacking long-term conviction with active trading.

📊 HONEST VERDICT · APR 22, 2026

HEAVILY DEFLATIONARY

From May 1st to today: … entered circulation (staking emissions) and … was bought back off the market. Validator stake updating live. Net impact on tradeable supply this month: …. That's why, from May 1st to now, ASTER is updating live. (For context: April closed at −167M — staking-launch absorption.)

TOTAL UNLOCKED

2.734B

34.17% of 8B since TGE

TOTAL BURNED

177.78M

Only 6.5% of unlocks

NET SUPPLY ADDED

+2.556B

Cumulative since TGE

TREASURY HELD

1.146B

41.9% of total unlocked · untouched

TOTAL BOUGHT BACK

274.85M*

Via S3–S6 buyback programs

NOT BURNED YET

98.59M*

Bought back · awaiting burn

🔒 TOTAL STAKED · LOCKED IN VALIDATORS

CONNECTING…

285.24M

= 10.4% of total unlocked · across 7 validators

Technically "unlocked" but economically removed from tradeable float — see Staking Locks Supply nuance below.

⚠ BUT — THE IMPORTANT NUANCE

📌 TREASURY DOES NOT SELL

Per Aster's official statement: "all Ecosystem & Community tokens unlocked since TGE have remained untouched beyond staking rewards." This means 1.146B of the 2.734B "unlocked" are sitting idle in treasury — not in trading circulation.

📌 EMISSION RATE CUT 97%

The old 78.4M/month linear ecosystem emission (~1% of max supply/month) was scrapped in March 2026. The new staking-only model caps emissions at 2.25M/month — a permanent 97% reduction in inflation pressure.

📌 TEAM STAKES UNLOCKS

Team has stated that all team unlocks will be staked rather than sold. The full 400M team allocation (10M/mo for 40 months starting Sep 17, 2026) is expected to be locked into staking contracts — removing what would otherwise be a structural 5% sell-pressure overhang through 2029.

🔒 STAKING LOCKS SUPPLY

285.24M ASTER (10.4% of total unlocked) is currently locked across 7 validators, requiring a minimum 26-week lock (up to 208w / 4yr for max rewards). Holders can exit early via the Early Claim mechanism — but pay a 2%–60% principal penalty based on remaining lock time. In practice this removes meaningful float from tradeable supply without being a hard burn.

Effective circulating supply added since TGE: ~1.41B (excluding treasury-held ecosystem tokens and accounting for burns). Still significant, but the inflationary pressure is structurally decelerating under the new model.

📅 MONTH-BY-MONTH SUPPLY LEDGER

Not every month has been inflationary — here's the actual breakdown

PERIOD

UNLOCKS (CIRC)

BUYBACKS

STAKING

NET CHANGE

CUM. TRADING

VERDICT

Sep–Nov 2025

+1,384M

155.72M*

—

+1,228.28M

HEAVILY IN ▲

Dec 2025

+200M

57.50M

—

+142.50M

+1,370.78M

INFLATION ▲

Jan 2026

+0.75M

32.04M

—

−31.29M

+1,339.49M

DEFLATION ▼

Feb 2026

—

19.57M

—

−19.57M

+1,319.92M

DEFLATION ▼

Mar 2026

+0.91M

7.54M

—

−6.63M

+1,313.29M

DEFLATION ▼

Apr 2026

+2.25M

2.83M

278.34M

−243.64M

+1,119.47M

HEAVILY DEFL ▼

TRADING SUPPLY

+1,587.91M

275.19M*

243.06M

+1,119.48M

"Unlocks (CIRC)" = tokens that actually entered trading circulation (excludes 1.146B untouched ecosystem tokens). "Buybacks" = ASTER pulled from market via S3–S6 programs. "Staking" = monthly delta to tokens locked in validators. April shows the full launch absorption since the validator system went live that month. May+ shows only the net new staking delta vs the Apr-end snapshot — no double-counting. NET CHANGE = Unlocks − Buybacks − Staked-delta. "CUM. TRADING" = running cumulative trading supply. TRADING SUPPLY row shows the current actively tradeable float (always equals total unlocks − total buybacks − current staked stock). * Includes Oct 10, 2025 estimated buyback of 100M ASTER @ $1.665 midpoint.

🔮 FORWARD OUTLOOK — MAY 2026 → DEC 2026

Scheduled unlocks and their inflationary impact over the next 8 months

JUN 9 – JUL 9

S5 Crystal Vested Unlock

30-day claim window · Crystal airdrop main distribution

+95.09M

Crystal airdrop main distribution

IN ▲

NOV 4

S6 Convergence Claim

TBA · Option A (50% immediate) or B (100% vested)

up to +64M

Option A (50% immediate) or B (100% vested)

IN ▲

SEP 17 →

Team Unlocks Begin

12-mo cliff ends · linear vest +10M/mo through Dec 17, 2029

ℹ Team has stated all team unlocks will be staked — expected to remain out of circulating supply

+10M / mo

~40M Sep–Dec

IN ▲

ONGOING

Net Emissions (projected)

Staking emissions minus fee-driven buybacks · bear-market baseline

−5.55M+ / mo

~−40M+ May–Dec

NET ▼

BREAKDOWN

Staking Emissions (new model)

450K/epoch · 2.25M/mo · 27M/yr

+2.25M / mo

~18M May–Dec

Buyback & Burn (fee-driven)

~80% of protocol fees · 30-day rate: $6.6M fees at $0.67 ≈ 7.8M ASTER/mo (live from DefiLlama)

−7.8M+ / mo

~−58M+ May–Dec

⏳ LONG-HORIZON EVENTS (2027 – 2035)

Major supply events beyond 2026 — context for long-term deflationary potential

SEP 2026 → DEC 2029

Team Vest: +400M total

40 months × 10M = full team allocation released over ~3.3 years

APR 2026 → MAR 2030

Eco Monthly: +108M total

48 months × 2.25M staking emission · capped

MAY 17, 2035

Major Cliff: ~4.75B

Remaining eco 1.14B + airdrop pool ~3.05B + treasury 560M

ONGOING

Buyback: depends on volume

80% of protocol fees drive continuous on-chain buyback · supply-shrink mechanism (burns happen episodically at stage end)

📈 SUPPLY DYNAMICS — ACTIVITY & FORECAST

Two views of the supply picture: what's happening right now in April (emissions, buybacks, and tokens locked into staking) and what's scheduled to enter circulation monthly through the rest of 2026.

Claimed · BurnedVested Unlocks

Claimed · Burned
Vested Unlocks