# Aster ALP

ALP is the liquidity pool token for Aster. Mint ALP to participate in onchain perp contract market-making and earn from platform trading activity.

### **How ALP Works**

The ALP pool provides liquidity across all trading pairs on Aster perps. ALP holders act as the market-maker counterparty for perp trades on the platform.

ALP's net asset value (NAV) moves with the pool's overall profit and loss. This means ALP price can rise or fall depending on trading activity and market conditions.

### **Yield Sources**

All yield is automatically reflected in ALP's NAV — your token value grows as the pool earns.

| Source            | Description                                                            |
| ----------------- | ---------------------------------------------------------------------- |
| **Trading P\&L**  | ALP's share of market-making profit from Simple Mode trading activity. |
| **Trading Fees**  | Protocol fees collected on trades.                                     |
| **Funding Fees**  | Fees from perpetual contract funding rate mechanisms.                  |
| **Liquidations**  | Profit captured from liquidation events within the pool.               |
| **Platform Fees** | Additional NAV boost from platform-level fee collection.               |

### **Supported Networks**

ALP can be minted on BNB Chain and Arbitrum. Supported deposit assets differ between chains — switch networks before minting to see available options.