Aster Introduces ’Machi Mode’ to Reward Liquidated Traders Amid Market Downturn
Aster, a perpetual futures trading platform, has launched 'Machi Mode,' a novel rewards program incentivizing traders who experience liquidation. The MOVE comes as the platform defies broader market trends with a 16% gain over the past week.
Inspired by Taiwanese crypto trader Jeffrey Huang's 71 liquidations during the recent correction, the program turns losses into a competitive edge. Traders now earn points for getting 'rekt,' potentially reactivating sidelined market participants.
The platform maintains its position as a perpetuals market leader despite bearish conditions. Technical analysis suggests a breakout above $1.15 could trigger significant upside momentum.