Complete token distribution history across all 6 airdrop stages.
S4 unlocks Apr 28 · S5 unlocks Jun 9 · S6 checker live
TOTAL ALLOCATED S0–S6
1,504M
18.8% of 8,000,000,000 supply
S3 BURN
77,860,328.00
0.973% of supply · Dec 5, 2025 · Buyback
S4 BURN (TOTAL)
54,674,102.17
0.683% of supply · Buyback 53,920,060.26 + Early 754,041.91
S5 BURN (TOTAL)
44,936,267.31
0.562% of supply · Buyback 44,480,285.20 + Early 455,982.11
TOTAL CONFIRMED BURNS
177.47M+
2.218% of supply
S6 POOL
64M
0.8% supply · Checker live
🔓 S4 HARVEST — VESTED UNLOCK
Apr 28, 2026
118,491,916.18 ASTER
⏳ in 6d
🔓 S5 CRYSTAL — VESTED UNLOCK
Jun 9, 2026
95,088,035.78 ASTER
⏳ in 48d
🏁 S6 CONVERGENCE — FINAL STAGE
Apr 20, 2026
64,000,000 ASTER · Final Stage
🟢 LIVE · closes in 10d
TOKEN DISTRIBUTION PER STAGE (MILLIONS)
Claimed · Vested · Burned
Claimed
Vested
Burned (overlay)
% OF SUPPLY PER STAGE — SHRINKING EMISSIONS
STAGE
DATE
AMOUNT
TYPE
STATUS
CIRCULATING SUPPLY
% CHANGE
BUYBACK DASHBOARD
Buyback Overview
⚡ SWITCH VIEW
TOTAL USD SPENT
$320,052,584*
* Incl. Oct 10 est · excl. = $153,552,584
TOTAL ASTER BOUGHT
274,852,642
3.44% of 8B supply
AVERAGE BUYBACK PRICE
$1.164 *
* Weighted avg · On-chain only: $0.878
ASTER PRICE
…
$0.6786
Live market price
LAST 24H ASTER BUYS
0
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 ($153,552,584 / 174,852,642 ASTER · Oct 28, 2025 – Apr 20, 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
HOURLY BUYBACK — LAST 24H
ASTER purchases per hour over the past day
DAILY BUYBACK — LAST 30 DAYS
Aggregated ASTER purchased per day
MONTHLY BUYBACK BREAKDOWN
ASTER purchased each month since the buyback program began
⚡ STRATEGIC BUYBACK POTENTIAL — S6
Total potential remaining strategic buyback capacity under the S6 program
REMAINING STRATEGIC POTENTIAL
$3.48M – $9.00M
USDT available for strategic purchases
POTENTIAL ASTER PURCHASING POWER
5.1M – 13.2M ASTER
Estimated at $0.6786 per token
TOTAL BUYBACK BURNED
176,260,673
2.203% of supply · S3 + S4 + S5 buyback burns
TOTAL USD SPENT
$320,052,584*
* Incl. Oct 10 est · excl. = $153,552,584
TOTAL ASTER BOUGHT
274,852,642
3.44% of 8B supply
REMAINING (NOT BURNED)
98,591,968*
Bought back but not yet burned
CUMULATIVE FEES
$449.57M
All-time total · via DefiLlama
BUYBACK PROGRAMS — FULL BREAKDOWN
Every buyback program, tokens bought, burned, and USD spent
BUYBACKS BY STAGE
Total USD spent, ASTER bought, and tokens burned across every stage buyback program
BUYBACK PRICE TIMELINE
Average purchase price for each buyback program
BUYBACK EFFICIENCY
TOKENS / $1M SPENT
0.859M *
* Incl. Oct 10 estimate · excl. = 1.139M
LOWEST DAILY PRICE
$0.4955
Feb 6, 2026 · 1.53M ASTER for $760K
HIGHEST DAILY PRICE
$1.665 *
* Incl. Oct 10 est · excl. = $1.3515 (Nov 19)
BUYBACK → BURN RATIO
64.1%
176.26M burned ÷ 274.85M bought
AVG BUYBACK PRICE
$1.164 *
* Incl. Oct 10 est · excl. = $0.878
ASTER STAKING · LIVE DATA
Staking Program Overview
CONNECTING…
NETWORK STAKED
193.24M
≈ $131.15M @ $0.6786 · 2.42% of 8B
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
2026/04/20 → 2026/04/27
UTC+0 · 450K ASTER being distributed
NEXT EPOCH
2026/04/27 → 2026/05/04
UTC+0 · starts in ~5 days
VALIDATOR PERFORMANCE
Live validator metrics — total staked, estimated base APY, uptime, and status
💰 STAKING REWARDS CALCULATOR
Select a validator, stake amount, and lock duration to estimate your rewards
CONNECTING…
Base APYs fetched live from Aster Chain — updated on tab open and every 60s.
52 weeks
+2.4% APY
1 year lock
104 weeks
+4.9% APY
2 year lock
156 weeks
+7.4% APY
3 year lock
MAX
208 weeks
+9.9% APY
4 year lock
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
0.0370%
your ÷ validator stake
VALIDATOR SHARE
14.32%
% 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 from AsterDex UI Apr 2026 — 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
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.
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
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
23.40M
⚡ TRADING VOLUME BOOST
Your personal trading volume per epoch multiplies your veASTER weight in the Loyalty Rewards pool
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.
5-YEAR CUMULATIVE STAKING EMISSIONS
Projected ASTER released via staking rewards under the new model
📊 HONEST VERDICT · APR 22, 2026
STILL INFLATIONARY
ASTER is net inflationary on a cumulative basis. Since TGE, ~2.73B tokens have unlocked while only 177M have been burned — a net addition of +2.56B to total supply. However, burns are structurally in place and the inflationary pace is slowing sharply under the new emission model.
TOTAL UNLOCKED
2.734B
34.17% of 8B since TGE
TOTAL BURNED
177.47M
Only 6.5% of unlocks
NET SUPPLY ADDED
+2.556B
Cumulative since TGE
TREASURY HELD
1.146B
Eco tokens unlocked but 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…
193.24M
= 2.42% of 8B supply · across 7 validators
Technically "unlocked" but economically removed from tradeable float — see Staking Locks Supply nuance below.
⚠ BUT — THE IMPORTANT NUANCE
The headline "still inflationary" hides a much more favorable reality
📌 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
193.24M ASTER (2.42% of supply) is currently locked across 7 validators, requiring a minimum 52-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)
BURNS
NET CHANGE
VERDICT
Sep–Nov 2025
+1,384M
—
+1,384M
HEAVILY IN ▲
Dec 2025
+200M
−77.86M
+122.14M
INFLATION ▲
Jan 2026
+0.75M
−0.75M
±0.00M
NEUTRAL ●
Feb 2026
—
−98.40M
−98.40M
DEFLATION ▼
Mar 2026
+0.91M
−0.46M
+0.45M
SLIGHT IN ▲
Apr 2026 (MTD)
+2.25M
—
+2.25M
MILD IN ▲
CUMULATIVE
+1,587.91M
−177.47M
+1,410.44M
NET INFLATION ▲
"Unlocks (CIRC)" shows tokens that actually entered trading circulation (excludes 1.146B untouched ecosystem tokens sitting in treasury).
🔮 FORWARD OUTLOOK — APR 2026 → DEC 2026
Scheduled unlocks and their inflationary impact over the next 8 months · % figures shown relative to 8B max supply
APR 28 – MAY 28
S4 Harvest Vested Unlock
30-day claim window · Harvest airdrop main distribution
+118.49M
+1.481% · cum +1.481%
IN ▲
JUN 9 – JUL 9
S5 Crystal Vested Unlock
30-day claim window · Crystal airdrop main distribution
+95.09M
+1.189% · cum +2.670%
IN ▲
NOV 4
S6 Convergence Claim
TBA · Option A (50% immediate) or B (100% vested)
up to +64M
up to +0.800% · cum up to +3.470%
TBD
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
~35M Sep–Dec · +0.438% · cum +3.908%
IN ▲
ONGOING
Staking Emissions (new model)
450K/epoch · 2.25M/mo · capped at 23.4M/yr
+2.25M / mo
~18.7M Apr–Dec · +0.234% · cum +4.142%
CAPPED
ONGOING
Buyback & Burn (fee-driven)
~80% of protocol fees directed to open-market buybacks & burn
−3 to −40M / mo
−25M to −332M Apr–Dec · −0.31% to −4.15%
OUT ▼
📊 APR → DEC 2026 CUMULATIVE FORECAST
TOTAL INFLOWS
+267M to +331M
+3.34% to +4.14% of 8B
S4 + S5 + S6 + team + staking
ESTIMATED BURNS
−25M to −332M
−0.31% to −4.15% of 8B
Depends on trading volume
NET (RANGE)
−65M to +306M
−0.81% to +3.83% of 8B
Deflation only in best case
ℹ If the team staking commitment holds, the ~35M team portion of inflows (Sep–Dec) does not reach circulating supply — lowering effective inflows to ~232M to ~296M (+2.90% to +3.70%) and pushing net range to −100M to +271M (−1.25% to +3.39%).
⏳ 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
Burns: depends on volume
80% of protocol fees drive buyback-and-burn · the only supply-shrink mechanism
🎯 THE HONEST ANSWER
⏮ CUMULATIVE (SEP '25 – NOW)
INFLATIONARY
+1.41B net added to circulation. TGE + 3 airdrop stages + initial eco emissions.
NOW
⏸ PRESENT (APR 2026)
MILDLY INFLATIONARY
+2.25M emissions, no burns MTD. Feb was deflationary (−98M) but chunky, not monthly.
⏭ FORWARD (APR – DEC '26)
STRONGLY INFLATIONARY
S4+S5+S6 vests = 277M minimum. Team starts Sep adding 40M more by year-end.
💡 STRAIGHT TALK
ASTER is currently inflationary — not deflationary. The burn program is real and working (177.47M destroyed), but it's still a small fraction of the tokens that have unlocked since TGE. Roughly 1.41B tokens have entered circulation over the past 7 months — burns have only offset ~12.6% of that.
The good news: The inflationary pace is decelerating sharply. The new staking model slashed emissions by 97% (from 78.4M/mo → 2.25M/mo), and the 1.146B of "unlocked" ecosystem tokens sitting in treasury are officially untouched. If governance holds the line, these won't hit the market.
The bad news: The next 8 months have baked-in inflationary shocks: S4 vests (+118M in May), S5 vests (+95M in Jun-Jul), and S6 in November (+up to 64M). Team unlocks also start September (+10M/mo structural) — though the team has stated these will be staked rather than sold, effectively neutralizing them as sell-pressure if the commitment holds. Against the airdrop vests, even aggressive buybacks would struggle to maintain net-deflation. Expect supply growth through end of 2026.
The structural potential: Post-2026, with all major airdrop cliffs behind, the math improves dramatically. Monthly inflows stabilize at ~12.25M (2.25M eco + 10M team), and sustained buybacks at historical rates could push ASTER into genuine deflation. 2027–2029 is where the deflationary thesis actually plays out — not 2026.
Bottom line — the one-sentence answer: ASTER is inflationary today and will be through 2026, but it's structurally engineered to flip deflationary by 2027 if buyback-and-burn volume holds up.
