Binance founder Changpeng Zhao clarified that neither he nor Binance officially supports Aster DEX, though his venture capital firm YZiLabs holds a small stake. This statement comes amid rumors that former Binance employees will join the Aster team. Despite Binance's clarification, Aster DEX has seen $46.9 billion in trading volume in the last 24 hours, and its ASTER token surged 2,227% last week before stabilizing at around $1.98 amid a market correction.
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