Aster Crude Oil Perpetuals Launch With 3x Leverage

Aster Crude Oil Perpetuals Listing Expands Asset Coverage

Aster Perpetuals has launched the Crude Oil perpetual (CLUSDT), allowing users to go long or short with up to 3x leverage in a fully on-chain, non-custodial setup. Following the announcement on Aster’s official X account, the news quickly spread across crypto media, as the move marks a rare expansion by a perp DEX into global commodities.

Formed from the 2024 merger of Astherus and APX Finance, Aster DEX has steadily broadened its market offerings beyond crypto, including 24/7 stock perpetuals. After launching its ASTER token in September 2025 and surpassing $1 billion in TVL during peak traction, the platform has continued pushing into real world asset exposure, using new listings and trading incentives to expand volume and user activity.

Previous stock perps launch offers comparison

Aster DEX previously introduced 24/7 U.S. stock perpetuals, including AAPL and TSLA, with leverage up to 50x. The move expanded the platform beyond crypto and helped drive rapid growth ahead of its TGE phase, when TVL exceeded $1 billion and Aster briefly captured nearly 50% of perp DEX market share.

Market reaction was sharply positive at first. The ASTER token surged about 1,650% on launch day and peaked roughly 2,800% within a week, while daily volumes jumped from $1.15 billion to over $85 billion in under two weeks. However, the token later retraced around 75% from its highs as trading activity normalized and incentives cooled.

Stock perps expansion fueled TGE momentum

The stock perpetuals launch came before ASTER’s TGE, so there was no direct token reaction at the time. However, it significantly boosted platform traction, user growth, and trading volumes, building momentum ahead of the token debut and positioning Aster as a serious RWA focused perp DEX competitor.

After the TGE, ASTER surged about 1,650% on launch day and peaked near 2,800% within a week. TVL exceeded $1 billion and market share briefly approached 50% of the perp DEX sector. The token later retraced roughly 75% from its highs as incentives cooled and competition increased.

Geopolitical volatility boosts oil perp debut

Aster’s Crude Oil (CLUSDT) perpetual launch comes amid sharp Middle East tensions that have driven major oil price swings. Brent crude recently jumped up to 13%, briefly topping $82 before easing near $79, while WTI climbed more than 8% toward $72. Analysts warn prices could approach $100 if disruptions around the Strait of Hormuz, which handles roughly 20% of global supply, intensify.

This surge in volatility increases demand for leveraged oil exposure, positioning Aster’s 3x perp to capture speculative flows. The move builds on its earlier stock perps expansion, which pushed TVL above $1 billion. With a temporary 1.2x trading incentive, the listing may further boost short term volume as traders react to macro headlines.

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Key Catalysts and Risks for Aster Crude Oil Perpetuals

Attention now turns to Aster’s upcoming L1 mainnet launch and a token unlock worth roughly $56 million, both of which could drive volatility. The end of the current airdrop phase and upcoming staking activation may also shift supply dynamics and influence ASTER price action.

Oil volatility linked to geopolitical tensions could boost CLUSDT volumes, but a rapid de escalation may reduce trading interest. Key risks include oracle stability during sharp price swings, smooth L1 deployment, and whether the market absorbs new token supply without triggering broader sell pressure.