- CZ clarifies advisor role, not on Aster’s core team.
- ASTER token surged 7,000% in September.
- BNB ecosystem indirectly benefits from Aster growth.
Changpeng Zhao clarified his role with Aster DEX during X Spaces in September 2025, emphasizing his position as an advisor, not a core team member, amid ASTER token growth.
Zhao’s advisory role has spurred significant interest and speculation in Aster’s market dynamics, underscoring the project’s alignment with the broader BNB ecosystem.
Changpeng Zhao, former Binance CEO, has clarified his role with Aster DEX on his X (Twitter) account. He emphasized that he only acts as an advisor and is not part of the core team.
He confirmed having a minority stake through his venture firm, YZi Labs. Zhao restricts his advisory to product and technology matters, distinctly distancing himself from regulatory advice.
The revelation of Zhao’s involvement led to a significant surge in the ASTER token’s value. The token’s price jumped over 7,000%, peaking above $2.41, and it reflected massive trading volume increases.
The collaboration between Aster and former Binance employees contributes to the token’s success. This underlines a close relationship with the BNB ecosystem, providing indirect benefits.
YSI Labs’ investment aligns with the firm’s strategy of focusing on high-growth tokens. The effect of Zhao’s endorsement echoes historical trends, often leading to significant market shifts.
Changpeng Zhao’s statement on his advisory role with Aster spurred increased investment and trading activities. The “CZ Effect” continues to impact market dynamics and boost the growth of DeFi projects.
“I only advise them on product and tech, and I do not advise them on regulatory issues.” – Changpeng Zhao (CZ), Founder of YZi Labs / Former CEO of Binance
