Aster DEX Starts Stage 6 ASTER Buyback Using Up to 80% of Daily Fees

Aster DEX has launched Stage 6 of its ASTER token buyback program. Under the ASTER token buyback mechanism, the exchange plans to allocate up to 80% of daily platform fees to repurchase ASTER tokens from the open market. Aster says all Stage 6 buys are executed from a dedicated on-chain wallet for this stage, separate from earlier reserve wallets. Because the trades are on-chain, transactions are publicly recorded and can be independently verified. The program began on 03 Feb 2026, and Aster frames it as a response to current ASTER selling pressure. Third-party analytics platform Tokenomist.ai tracks Aster’s buyback and treasury data in real time. Aster also cited competitive pressure from other DEXs, including Hyperliquid. For ASTER traders, this is a rules-based, fee-generated supply support. If trading volume and fee inflows stay steady, the ASTER token buyback could provide incremental bid support during selloffs, but the actual size of buybacks depends on daily fee revenue.
Neutral
This news is potentially supportive for ASTER because the Stage 6 ASTER token buyback is rules-based and directly funded by daily platform fees. If fee inflows remain stable, it can create incremental demand and cushion selloffs, aligning with the earlier narrative that buybacks can act as on-chain, verifiable supply pressure. However, the impact is not guaranteed. The buyback size depends on real trading volume and fee generation, so in a prolonged low-liquidity or declining-volume environment, the program may not offset sustained selling pressure. Aster also referenced competitive pressure from other DEXs, which could limit fee growth. Overall, the setup is more likely to be modestly bullish on dips but neutral in broader trend terms until fee growth and ASTER price reaction confirm the support effect.