Aster launches the world's first BTCU and ETHU perpetual contracts priced in $U, and establishes a $50,000 $U reward pool

The decentralized derivatives trading protocol Aster announced the official launch of BTCU and ETHU perpetual contracts through permissionless token listing voting, and introduced a trading event with a total prize pool of $50,000 $U. The official statement indicates that this is one of the world's first perpetual contract trading pairs priced in $U.

It is reported that the event will take place from May 27, 10:00 UTC to June 2, 14:00 UTC. During the event, trading BTCU and ETHU will enjoy a 1.5 times weight bonus.

The total prize pool of $50,000 will be evenly divided between the two trading pairs (each $25,000), distributed according to the proportion of trading fees generated by users in the corresponding trading pairs, with a maximum individual reward cap of 3% of the corresponding prize pool. Participating users must generate more than $5 in fees on a single trading pair to qualify.

In addition, $U (United Stables) is a dollar-pegged stablecoin issued by United Stables Limited, aimed at building a unified liquidity layer across trading, payments, DeFi, institutions, and the AI sector.