TLDR:
- Aster confirmed all XPL perp users were fully reimbursed in USDT after abnormal price moves.
- The issue caused liquidations but was resolved quickly, with funds returned directly to user accounts.
- ASTER price trades at $1.85 after losing 7% in 24 hours but is up 193% over the past week.
- Traders eye $1.94 breakout or $1.64 breakdown for direction, according to market analyst Mags.
The crypto community watched closely this week as Aster moved to settle losses from its XPL perpetual trading pair glitch. The exchange announced that all affected accounts have now been reimbursed in USDT.
The payout followed a period of volatility that triggered forced liquidations. Traders welcomed the quick action and the transparency shown throughout the process. Price action for ASTER continues to draw attention as the market decides its next move.
Aster had earlier flagged the incident, citing abnormal price movements on XPL perps. The exchange assured users that their funds were secure and began a review to identify all liquidated positions.
Compensation for the XPL perp incident has now been fully distributed. All affected users have received reimbursement directly in USDT to their accounts.
We appreciate your patience and understanding throughout this process. For any further questions, please submit a ticket via… https://t.co/Wp0en9vm44
— Aster (@Aster_DEX) September 26, 2025
Once the review was completed, the team confirmed that reimbursements would be credited directly to user accounts. This was later followed by confirmation that distribution was complete.
Mags, a well-followed trader on X, pointed out that ASTER was already down 29% from its recent top before this correction.
He suggested that a breakdown below $1.64 would turn the trend bearish, while a breakout above $1.94 could confirm further upside. His post emphasized the tight range currently holding price action.
$ASTER – Plan ✍️
$1.64 breakdown = bearish
$1.94 breakout = bullish
Anything in between = ChopBefore the last leg up price took a -36% pullback from its swing high. We are already down -29%
Looking good so far. pic.twitter.com/OjdlqTxoLG
— Mags (@thescalpingpro) September 26, 2025
ASTER Price Holds After Sharp Weekly Gain
Per data from CoinGecko, ASTER is trading at $1.85 at press time. The token has dropped 7.08% in the past 24 hours. Despite the pullback, it remains up 193% over the last seven days, keeping bullish sentiment alive among traders.
Market watchers are looking for a decisive move from the current range. The $1.94 resistance level is seen as a key breakout area.
A rejection could mean further consolidation or a retest of support near $1.64. Volumes remain high, suggesting traders are closely watching for confirmation.
The quick reimbursement has kept confidence intact for now. Aster continues to encourage users to raise any concerns via its Discord ticketing system. This approach is seen as part of its effort to maintain trust after the brief disruption in trading.
