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.