Aster DEX Adds BASECAT Perpetuals With 3x Leverage Base chain memecoin Basecat has jumped 16% in the past 24 hours after decentralized exchange Aster DEX announced a new perpetual listing for
Base chain memecoin Basecat has jumped 16% in the past 24 hours after decentralized exchange Aster DEX announced a new perpetual listing for the token. The listing gives traders access to BASECAT perpetual contracts with up to 3x leverage, broadening the token's accessibility beyond spot markets.
BASECAT was trading around $0.035 at the time of writing, giving it a market capitalization of approximately $35.4 million. The token launched through the o1 Launchpad on Base on August 15, 2026, and is structured as an independent community project built around the Base ecosystem.
The listing adds to a growing catalogue of assets on Aster. Aster DEX is a decentralized perpetual exchange launched after the merger of Astherus and APX Finance.It offers MEV-free, one-click trading with up to 1001x leverage in Simple Mode, and full-featured, pro-grade tools in Pro Mode.
For BASECAT holders, the perpetual listing on Aster represents a meaningful step in market depth. Perpetual futures are derivative contracts that allow traders to speculate on asset prices without an expiration date, using leverage to amplify potential gains or losses. The 3x leverage cap on the BASECAT listing is relatively conservative compared with some of Aster's other markets, which offer up to 1001x leverage.
Aster has added perpetual contracts for several tokens and ETFs, reflecting its strategy of expanding listings to capture volume from emerging communities and ecosystems. A recent example is the MUBARAK token, whose perpetual listing on Aster coincided with a 57.57% price surge and a spike in 24-hour trading volume to $148.57 million.
As with any leveraged product, the risks are real. Leverage trading can lead to significant losses, and on-chain markets may have different liquidity and slippage characteristics compared with traditional exchanges. Traders should factor in those conditions when sizing positions on a memecoin perpetual.
Sources:BingX: What Is Aster Perpetual DEX and How Does It Work?Aster DEX Official Docs: PerpetualsDefiLlama: Aster Protocol Data
