Aster launches USD1-denominated RWA perpetuals with liquidity backing from World Liberty Financial

Five New RWA Perp Markets Go Live on Aster

@Aster_DEX has listed five new perpetual markets settled in solana:USD1ttGY1N17NEEHLmELoaybftRBUSErhqYiQzvEmuB, covering SPCXUSD1, CLUSD1, XAUUSD1, SNDKUSD1 and SKHYNIXUSD1. The exchange describes these as the first real-world asset (RWA) perpetual contracts denominated in the stablecoin. Further markets are planned under its AOS-2 listing standard.

Every perpetual contract tracking real-world assets on Aster will settle exclusively in $USD1, @worldlibertyfi's dollar-pegged stablecoin. The move positions $USD1 as the sole margin and settlement layer for Aster's RWA vertical, replacing conventional alternatives such as USDT or USDC for these pairs.

The fee structure for $USD1 commodity pairs is set at 1 basis point for takers and a negative 0.5 basis points for makers, meaning the exchange will pay a rebate to liquidity providers.

A $28 Million Liquidity Fund Backs the Launch

To seed depth across the new pairs, the two projects have established a dedicated growth fund. @worldlibertyfi is contributing 250M ethereum:0xda5e1988097297dcdc1f90d4dfe7909e847cbef6, while Aster is adding 12.5M $USD1, bringing the combined pool to roughly $28 million at current prices.

Both teams indicated they are exploring deeper integration across their respective token ecosystems, suggesting the partnership could expand beyond settlement.

$USD1 is a fiat-backed stablecoin pegged 1:1 to the U.S. dollar, launched in March 2025, and is fully collateralized with reserves including U.S. dollar deposits, short-term Treasury bills, and cash equivalents held by regulated custodian BitGo Trust and subject to monthly audits. By Q1 2026, USD1 had grown to a circulating supply near $4.5 billion, making it the fastest-growing fiat-backed stablecoin of that period.

For Aster, the launch marks a deliberate push beyond crypto-native derivatives. The move signals a strategic shift toward multi-asset perpetuals beyond pure crypto. With more markets set to follow under AOS-2, the platform is building out what it frames as a new category of on-chain, stablecoin-settled RWA trading.

Sources:
The Defiant: Aster to Settle RWA Perps Exclusively in USD1
World Liberty Financial: Meet USD1 (Official)
BusinessWire: USD1 Crosses $3 Billion in Market Capitalization