Astherus

Aster, the derivatives platform once known as Astherus, runs this USDF as a yield-bearing synthetic dollar on BNB Chain, and it should not be confused with Falcon's similarly named token. Each unit is minted one-for-one against USDT, but rather than sitting idle, that backing is put to work in a delta-neutral trade: the assets are held spot while an equal short in perpetual futures hedges out price risk, harvesting funding-rate income through Ceffu's off-exchange settlement link to Binance. The USDT collateral stays in Ceffu custody rather than on an exchange. Holders capture the yield by staking into asUSDF on the platform's earn product, while the base token holds its peg to the dollar. Redemption back to the underlying is available to users directly, keeping the mint-and-redeem loop tied one-to-one to USDT. It lives only on BSC.