ChainCatcher news, APX Finance tweeted that it has reached a strategic merger with multi-asset liquidity center Astherus. Both parties will deeply integrate teams, products, and business functions to drive innovative businesses such as on-chain yield aggregation, liquidity deployment, and perpetual contract trading.In addition, the existing $APX will be mapped to the new Astherus token $ASS, and the APX DAO will undergo transformation and updates simultaneously. Specific details will be announced in the next quarter, with the TGE (Token Generation Event) expected to launch in 2025.According to the Web3 asset data platform RootData, APX Finance is a decentralized derivatives exchange that offers an order book and on-chain perpetual contracts. Users can enhance their trading with leverage of up to 1001 times, zero slippage, and competitive fees.

ChainCatcher news, Binance Labs announced an investment in the multi-asset liquidity center Astherus. Astherus aims to address inefficiencies in DeFi by focusing on maximizing the real yield of assets, providing sustainable and substantial returns while enhancing the utility and liquidity of digital assets within the ecosystem.Astherus plans to launch AstherusLayer, a Layer-1 blockchain dedicated to DeFi, which will support multi-asset staking and utilize BNB as gas fees.Astherus will leverage the newly acquired funds to accelerate product development, launch innovative yield products, and optimize user experience, aiming to expand yield strategies and simplify DeFi interaction processes.

ChainCatcher news, Astherus announced a partnership with global top exchange and fintech service provider Ceffu to launch a new type of yield stablecoin USDF. This stablecoin combines innovative neutral arbitrage strategies, real-world asset (RWA) backing, and on-chain wealth management pathways, offering an annual percentage yield (APY) of up to 20%-30%.Users can exchange USDT for USDF at a 1:1 ratio to enter Astherus's yield generation system and enjoy 3x Au Points rewards. It is important to note that holding USDF does not generate yield by itself; it needs to be wrapped into asUSDF to participate in various yield strategies. This process involves a very low fee of 0.1%, and through assets custodied by Ceffu and its arbitrage strategies, users can enjoy additional yields supported by crypto assets and short-term futures positions.Astherus is a multi-asset liquidity hub incubated by Binance Labs, dedicated to enhancing the utility of crypto assets and their profitability in the DeFi ecosystem. AstherusEX primarily focuses on perpetual contract (Perp) trading, while AstherusEarn offers automated high-yield pools based on CeDeFi, ensuring institutional-level security and efficient yield strategies.

ChainCatcher news, Binance Labs official Twitter announced that Astherus has become one of the first projects in the Binance Labs Season 7 incubation program.Astherus is a liquidity hub for staked assets, supporting liquid staking tokens (LST) and liquid re-staking tokens (LRT).What makes Astherus unique is its multi-asset staking system, LST infrastructure, and LST-driven dApp ecosystem, which includes the decentralized exchange AstherEX that supports re-staked asset trading, AstherEarn that aggregates profitable strategies across multiple blockchains, and the proof-of-stake Layer 1 blockchain AstherLayer that extends the utility of other blockchain LSTs.Astherus's unique positioning and innovative technology have allowed it to stand out among numerous projects and successfully enter the Binance Labs incubation program.

ChainCatcher news, according to official sources, Binance Labs announced the first batch of projects incubated in Season 7, including the staking asset liquidity protocol Astherus, the chain abstraction liquidity aggregation protocol CYCLE NETWORK, the scalable data availability network DILL, and the data and DeFi system EigenExplorer based on EigenLayer.Astherus: A liquidity hub for staking assets (such as liquid staking tokens (LST) and liquid re-staking tokens (LRT));CYCLE NETWORK: A universal, secure, and verifiable chain abstraction that provides a bridge-free aggregated liquidity network, compatible with all blockchains, including L1, L2, EVM, and non-EVM chains, ensuring security and verifiability.DILL: The most scalable data availability network, fully compatible with the Danksharding roadmap.EigenExplorer: The first native decentralized finance protocol of EigenLayer, aimed at enhancing the flexibility and efficiency of the DeFi ecosystem.